Podcast - NearSight and FarSight
January 29, 2021
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Tag: Investing
Podcast - NearSight and FarSight
January 27, 2021
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Articles
Location one of the six critical factors in real estate investing
Investing in real estate can be a lucrative way to build wealth, but it’s not a one-size-fits-all approach. One of the most critical factors to consider before investing in real estate is location. Hence the adage “location, location, location!!!” Anticipating
January 6, 2021
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Market InSights
Second COVID-19 Stimulus Niceties and Notes
We have an agreement, which means we can begin to criticize it and plan for the investment and economic effects. The bill is a litany of half measures, no long term solutions, and likely sets up a couple of battles
December 29, 2020
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Articles
Investing 101
If you’re lucky enough to have previously started investing in your teens consider yourself way ahead of the curve. For the majority of people Investing 101 is for you. Most of us start investing in our mid to late 20s,
December 19, 2020
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Market InSights
Tesla added to S&P500
Today is the last day that Tesla will not be part of the S&P. S&P Dow Jones Indices has announced Tesla’s addition Friday after the market close. Tesla will officially trade as a member of the S&P 500 by the
December 18, 2020
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Investment Bias: Hindsight
Hindsight bias is reading beneficial past events obviously predictable, and bad events as not predictable and without cause (called black swans). In the decade between 1999 and 2009, we have many explanations for poor investment performance. Brokers and talking heads
December 18, 2020
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Investment Bias: Bandwagon Effect (or Groupthink)
The bandwagon effect, or groupthink, describes gaining comfort in something because many other people do the same. After all, “there is safety in numbers” correct? This is a falsehood. But let’s separate bandwagon-ing, from conventional wisdom. There is value that
December 17, 2020
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Investment Bias: Information
Information bias is the tendency to evaluate useless or the wrong information when determining value. It’s the belief that certain commonly held data points are helpful in understanding the value of an investment, when they may not be. The key
December 17, 2020
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Investment Bias: Endowment Effect
This is the belief that you own a “winner” and you will keep that winner for reasons that aren’t justified by the return. Owning companies is fun, and investors like to celebrate their victory over the market by stashing great
December 17, 2020
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Investment Bias: Loss Aversion
Loss aversion is the tendency for people to strongly prefer avoiding losses at the detriment to obtaining gains. This puts an unnecessary fear on an investment not supported by the risk prima. This might be one of the most common
December 17, 2020
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Investment Bias: Anchoring
Everyone has heard a mantra about first impressions and their lasting impact. That works for investors too. Because our brains thrive on recognizing patterns and the relationship one element has with another. This mental phenomena is called anchoring. This want
December 17, 2020
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