Last week was financial planning week. Launched in 2009, an integral part of Financial Literacy Month, Financial Planning Week is part of an ongoing effort by Financial Planning Standards Council (FPSC) and the Institut Québécois de Planification Financière (IQPF) to raise awareness of financial planning
Category Archives: Behavioural Finance
If it takes five minutes to make five widgets on five machines, how long does it take to make 100 widgets on 100 machines? This question was first posed by Shane Frederick of the Massachusetts Institute of Technology and was part of a three-question quiz
Tulip bulbs were once a store of value. Their value was determined by their beauty and what the next person would pay for one. They can die (and can be mined so to speak), which was a troubling sign, but they never had stable demand…
American Economist Richard Thaler was awarded the Nobel prize for economics last week. Mr. Thaler helped demonstrate how human reasoning diverges from rational economic modelling. Mr. Thaler lifted behavioural economics to prominence with his best selling 2009 book “Nudge”, co-authored with Cass Sustein. Setting out
The final investor type that we are going to explore in my Fall 2017 Investor’s Guide to Thriving is the independent analyst. Independents are actively involved in the investment process and enjoy the research part of investing. They are good decision-makers and have no problem
My Fall 2017 Investor’s Guide to Thriving tour features “What’s Your Investor Personality?” – a fascinating talk about the behavioural science of successful (and not so successful) investing. I will lead the audience through an exercise to identify what type of investor they are of
My Fall 2017 Investor’s Guide to Thriving tour features “What’s Your Investor Personality?” – a fascinating talk about the behavioural science of successful (and not so successful) investing. I will lead the audience through an exercise to identify what type of investor they are of
My Fall 2017 Investor’s Guide to Thriving tour features “What’s Your Investor Personality?” – a fascinating talk about the behavioral science of successful (and not so successful) investing. I will lead the audience through an exercise to identify what type of investor they are of
Mark Hulbert of Hulbert Financial Digest has spent his career following financial advisory newsletters and building a database of sentiment indicators, largely in hopes of finding contrarian indicators. Last week, he wrote a column about solar eclipses and I thought it would be fun to
We finally saw a bit of volatility last week ignited by the tough talk between Trump and North Korea. Will this be the catalyst to ignite the next material market decline? Reading the “Tape” is not for everyone. It’s a skill that is fraught with