Behavioral finance is a growing field with bright minds uncovering irrational decisions humans make. Many errors can be avoided, we just need to be consciously aware of these possible traps.
According to Terrance Odean*, investors usually sell stocks that have gone up and hold onto stocks that have gone down. This is known as the “disposition effect.” Further studies show shares sold tend to keep going up and stocks held continue to drop. This alone leads to most investors getting a lower return on their investments.
Continue reading “Are your finances suffering from the Behavioral Finance Error of Disposition Effect? (blog by DH)”
Greetings this week to Best of Bogleheads 5!
1) This thread discussed “excessive emergency room charges – options”—very interesting to read. The White Coat Investor chimed in with some good comments. Continue reading “Weekly Bogleheads’ Top 5 Posts (from DH)”
Last week I wrote about how anyone who writes anything—be it emails, personal statements, or CV’s—should read this so they can improve their writing and get ahead in life. Today we pick up where we left off: Continue reading “Anyone who writes ANYTHING needs to Kill their Darlings and Get a Dragon Lady (Part Two)”
Welcome back to this week’s Bogleheads’ Top 5!
1) This thread is a patient (dougger5) whose PCP is requiring $120 upfront fee prior to being seen. Various opinions on this—what do you think?
Continue reading “Bogleheads’ Weekly Top 5 (from DH)”
Today’s blog is a brief break from finances in that I’m going to write about a skill everyone needs to possess to get ahead in this world: written communication. However, this blog is still indirectly related to finance because better writing skills mean you land better everything: jobs, training spots—even spouses (hey, someone has to write those love letters—though I guess it’s emails and text messages these days).
Anyone who writes anything—be it emails, personal statements, or CV’s—should read this so they can improve their writing.
Financial bloggers are changing people’s lives. One changed mine. More than one really. But a lot of these bloggers are losing their reader’s interest for a variety of reasons. These well-intentioned writers suffer from the same recurring problems:
Continue reading “Anyone who writes ANYTHING needs to Kill their Darlings and Get a Dragon Lady (Part One)”
Stop and think about the organization you work for. Do the marching orders from above make workers on the front lines take responsibility for bad outcomes—while the profits are reaped by upper management—all while the higher ups have little, if anything, at risk?
Are middle managers where you work borderline incompetent?
Have you felt an odd connection with The Office television program? Continue reading “Could the head of your organization be a sociopath? (DH Blog Post)”
Greetings and welcome again to the Best of the Bogleheads!
B.C. apologizes for the late posting, but wifi was erratic at our campsite this past weekend. And since our kids are still in this precious snapshot of time where they love camping and scampering around catching geckos, we figured you’d be understanding about the delay. Now we’re back home, gearing up for school to start next week, and no longer carrying geckos around gently in leaves. 😉
So without further ado, the weekly top five picks: Continue reading “Weekly Top 5 Bogleheads’ Posts (from DH)”