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Bayes Reasoning: Smarter Decisions in Life and Investing

Bayes Reasoning: Smarter Decisions in Life and Investing

by Stoffel | Sep 22, 2024 | Biases, Decision Making

Introduction Bayes’ reasoning is a powerful tool for decision-making under uncertainty. It’s used not just in statistics but also in various fields like medicine, artificial intelligence, economics, and investing. The crux of Bayes’ reasoning is updating your...
Market Timing: Why It Doesn’t Work (And What to Do Instead)

Market Timing: Why It Doesn’t Work (And What to Do Instead)

by Stoffel | Sep 20, 2024 | Decision Making, Investing

Introduction Investing in the stock market can be an exciting and daunting task. One of the most debated strategies within the world of investing is market timing – an approach where investors try to predict future market movements in order to buy before prices rise...
Biases: How They Sabotage Your Financial Decisions

Biases: How They Sabotage Your Financial Decisions

by Stoffel | Sep 20, 2024 | Biases, Decision Making

Introduction This post on biases is structured into 3 parts: Part 1: Understanding Biases and Their Impact on Decision-Making Part 2: Individual Biases That Lead to Bad Financial Decisions Part 3: How Biases Influence Financial and Investment Decisions   Part 1:...
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