New York Times
02.01.2010
Investor behavior matters a lot. In fact, it probably matters more than skill. To understand why this is true, first you need to understand one fundamental concept: Investment returns and investor returns are almost always different. [Read more...]
Wall Street Journal
01.27.2010
So much of what we do is intangible. We deal with the unknown all the time, and that means we need to assume things in order to make decisions. But one of the biggest mistakes we’ve made as a profession is developing a false sense of precision. [Read more...]
