Decision Quality
Should decisions be judged based on their outcome? Or is there something more intrinsic about the quality of a decision?
Topic
Investing
A collection of 8 issues
Making better decisions by anticipating errors
Sometimes, deciding to go down a path and being proven wrong eventually can be disastrous. Other times, it is not taking a risky path that may be the worst thing to do.
The mental accountant
We are hardwired to think of money in different categories based on the purpose or context. At the same time, we are naturally afraid of losses of any type. These two biases greatly influence our investment decisions.
Learning to live with volatility (and profit from it)
Volatility is an opportunity for long-term investors. And they must be prepared to take advantage of it.
Public private. Private public.
Oh, the irony.
An investor's private portfolio is public.
But his public portfolio is private.
My private market portfolio is here.
And this is my current public market portfolio!
You cannot pay for coffee using IRR
Percentage returns are irrelevant if the invested amount is small to begin with. Position Sizing matters in wealth creation. What is not very intuitive is that there must be a minimum ticket size for all positions.
Investing lessons from golf
The game of golf is a very good analogy for the markets and investing behaviour.
Investing Lessons from Evolutionary Biology
Investing has much more in common to evolution than you would expect