Mastering Anxiety: Fear and Anxiety Are Not the Same Thing

Posted by Jason Apollo Voss on Mar 17, 2020 in Blog | 1 comment Having managed money well during two recessions and September 11th, I know a thing or two about investing during moments of high tension. In fact, most of the returns I earned for my investors were during moments of such crisis. One crucial piece of advice that I can render in the face of events like COVID-19 is the distinction between fear and anxiety. By the way, a full fledged description of...
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The Major Behavioral Biases Influencing Your Investment Decisions

Posted by Jason Apollo Voss on Jan 14, 2020 in Blog | 0 comments Jason Voss recently spoke at the 2019 AAII Investor Conference. If you weren’t able to attend, session audio and handouts are available for purchase at: www.aaii.com/investoraudio.   Recognizing the major biases is the first step in learning how to avoid them in your investing.   You may not believe it, but science has proven that you and I are biased and often make irrational...
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Creativity in Investment Firms: Five Conditions to Improve It

Posted by Jason Apollo Voss on Dec 12, 2019 in Blog | 0 comments By Jason Voss, CFA and Jim Ware, CFA What will investment firms need to thrive, probably even survive, in the years ahead? Creativity — both possessing it and harnessing it — will be essential. How do we know? Because we asked, and at the recent Focus Consulting Group (FCG) Leadership Forum on Creativity, investment leaders gave us an unequivocal answer.   In order to survive and thrive,...
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Federal Reserve Stimulus to Daily GDP…WTF?!

Posted by Jason Apollo Voss on Dec 4, 2019 in Blog | 3 comments I wanted to share with you shocking data that, for whatever reason, is not getting more widespread coverage. Namely, the total amount of economic stimulus (money printing) that the Federal Reserve is engaged in at the moment. I then compare the total amount of that stimulus to daily Gross Domestic Product (GDP) is the U.S. to reveal the insane amount of stimulus taking place. Below is the...
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Return of the Active Manager is now out!

Posted by Jason Apollo Voss on Oct 29, 2019 in News & Events | 0 comments FYI, my new book Return of the Active Manager, co-authored with Athena Invest’s CIO C. Thomas Howard, PhD, is released today. We have received much advanced praise for our work. For example… Wow! I expected a terrific book from Howard and Voss, but ROAM knocked me back. It’s a once-a-decade genre-defining must-have-on-every-investor’s-bookshelf type of book. Read this and your wealth...
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The Most Misunderstood Investing Topics: Alpha is Creativity

Posted by Jason Apollo Voss on Oct 22, 2019 in Blog, Most Misunderstood Investing Concepts, The Most Misunderstood Investing Concepts | 0 comments In this edition of The Most Misunderstood Investing Concepts I discuss the notion that α is creativity. In case you have missed other pieces in this series here are links to each of them: Fair value and its evil twin, target price; Time horizon and its subterranean influence on investors’ thinking; PEG ratios and the ignorance of the math underlying them; When valuing a business, growth is not...
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