Extrapolation Bias

Behavioral finance is a branch of economics that seeks to explain why investors frequently have irrational expectations, which can lead to poor decision making.  There is a growing body of evidence to suggest that humans are plagued with a myriad of biases that can prevent us from being rational investors.  As investment managers, part of Read More »

Independence Day 2018

Life in the U.S. has certainly changed over the last 242 years.  It’s hard, if not impossible, to imagine how different our lives would be if we were living a few centuries ago rather than in 2018.  Sometimes, I wish I could go back in time as an unnoticeable observer to view daily life then Read More »

Purposeful Legacies

Many folks have worked hard and saved diligently over the years so that they can enjoy the fruits of their labor and live life to the fullest….but then what?  Who will benefit from those fruits after they are gone?  Most of us want to be sure that our fruits will stay fresh and not spoil Read More »