I visualized my grief if the stock market went way up and I wasn’t in it—or if it went way down and I was completely in it. My intention was to minimize my future regret, so I split my retirement plan contributions 50/50 between bonds and equities. —Harry Markowitz, father of Modern Portfolio Theory

I visualized my grief if the stock market went way up and I wasn’t in it—or if it went way down and I was completely in it. My intention was to minimize my future regret, so I split my retirement plan contributions 50/50 between bonds and equities. —Harry Markowitz, father of Modern Portfolio Theory

According to an article published in Seeking Alpha, Regret Aversion “refers to the idea that investors fail to make decisions or take action because of the fear that they will regret it in the future. This bias is closely tied to errors of omission, where an error is...
Loss Aversion Bias.

Loss Aversion Bias.

Win as if you were used to it, lose as if you enjoyed it for a change. —Ralph Waldo Emerson This week we begin our examination of Emotional Biases by focusing on Loss Aversion. An article in The New York Times written by Carl Richards gives us a great example of Loss...
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