by Jason Apollo Voss | 25 08 2020 | Behavioral Bias Deep Dive, Blog
Why do markets form bubbles? Why do markets capitulate and collapse in value rapidly? Asked succinctly: why do investors engage in herding behavior? This is the fourth in a series of deep dive articles on behavioral finance and its major biases. Ultimately, I am going...
by Jason Apollo Voss | 18 08 2020 | Behavioral Bias Deep Dive, Blog
Up third in my deep dive articles on the crucial behavioral biases to understand as investors is this one on confirmation bias. Similar to the other biases, confirmation bias has nuances that if understood can change our approach to investing. This ensures we are not...
by Jason Apollo Voss | 11 08 2020 | Behavioral Bias Deep Dive, Blog
This is my second in a series of deep dive articles on the most important behavioral biases that we confront as investors. In this week’s article I discuss overconfidence. It bears repeating that most investment pros have not read the original source material on the...
by Jason Apollo Voss | 04 08 2020 | Behavioral Bias Deep Dive, Blog
This begins a series of deep dive articles on the most important behavioral biases that we confront as investors. Now before you dismiss these articles with a cavalier “I already know this stuff,” I want to point out that much like Shakespeare, most people who quote...
by Jason Apollo Voss | 28 07 2020 | Blog
After more than three decades in the working world I can strongly state that MBA thinking can ruin a business. I say this as a proud MBA myself (go CU Buffs!). What leads me to say this? You Can Only Manage What You Can Measure is Bollocks Almost all graduate...
by Jason Apollo Voss | 21 07 2020 | Blog
Last week I authored an article about the long history of the equity risk premium (January 1881 thru June 2020). A number of folks privately asked me why for a very extended period of time – what I called Epoch 3 – the equity risk premium was negative. That period of...
