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...
by Stoffel | Mar 27, 2025 | Biases, Decision Making, Investing, Leverage
Originally published March 2025 – updated April 2026 to reflect new research and a tighter structure. Introduction Most people who invest believe they are keeping pace with the market. Not beating it – few expect that – but roughly tracking it. The evidence,...
by Stoffel | Mar 20, 2025 | Hedging, Portfolio Management
Stock market downturns are a regular occurrence, and they are part of every investor’s experience over time. Exposure to risk is what generates long-term returns but it also requires investors to accept periods of volatility and temporary losses. This means having to...
by Stoffel | Mar 6, 2025 | Investing, Risk Premia
When evaluating investments, most people focus on returns – how much something gained or lost in a given year. But what often goes unnoticed is the volatility of those returns, and how it quietly eats into your long-term performance. As a long-term investor, you...
by Stoffel | Oct 15, 2024 | Biases, Decision Making, Speculation
Many people lost lots of money in the past “investing” too much of their money into perceived lucrative opportunities. Think Gamestop. During the GameStop short squeeze in early 2021, many retail investors rushed to buy GME shares as the stock price soared due to the...
by Stoffel | Oct 5, 2024 | Decision Making, Wealth
Exploring the True Meaning of Wealth When most people think of wealth, the first thing that comes to mind is money – being rich, having a large bank balance, owning properties, or being able to afford luxury goods. However, while being rich typically refers to...
