by Stoffel | May 1, 2025 | Biases, Decision Making, Investing
Imagine losing $100. Now imagine finding $100. Which experience feels stronger? If you’re like most people, the pain of losing that money hits twice as hard as the pleasure of gaining it. This psychological phenomenon is known as loss aversion, one of the most...
by Stoffel | Apr 24, 2025 | Investing, Portfolio Management
Volatility targeting is an investment strategy that aims to keep your portfolio’s volatility at a consistent, predetermined level over time. In this beginner-friendly guide, we’ll explain what volatility is and why it matters, how volatility targeting works (for...
by Stoffel | Apr 17, 2025 | Biases, Investing
René Benko and Signa Holding’s Meteoric Rise René Benko was once hailed as a real estate wunderkind. A high school dropout from Innsbruck, Austria, Benko began his career converting attic spaces into luxury apartments in the late 1990s. In 1999, he founded a small...
by Stoffel | Apr 10, 2025 | Investing
First published in 1949 and updated several times since, The Intelligent Investor by Benjamin Graham is widely regarded as the definitive guide to value investing. Graham, often called the father of value investing, was also Warren Buffett’s mentor – and Buffett...
by Stoffel | Apr 5, 2025 | Decision Making, Investing, Portfolio Management, Risk Premia
Tariffs, Tumult, and Staying the Course: A Note to Long-Term Investors Markets are down. Headlines are loud. Uncertainty is abundant. But for long-term investors, this is not the time to panic. In response to a new wave of global tariffs announced by the Trump...
by Stoffel | Apr 3, 2025 | Biases, Decision Making, Investing
Imagine having tomorrow’s news today. Would you use it to strike it rich in the markets? That’s the premise behind a fascinating experiment conducted by Victor Haghani, James White, and Jerry Bell, described in their article “When a Crystal Ball Isn’t Enough to Make...
