Blog
Investment Discipline
Your track record as a fund-manager is not an indication of how well you might have done had you been [...]
Regaining Direction
There is an insidious form of suffering in the well-fed West, where we pretend that we’ve got it all together [...]
Stress & Performance
The relationship between stress and performance is a fascinating subject that has received tons of attention from numerous researchers across [...]
Making Magic
In the early 1960s Robert Rosenthal discovered something remarkable by studying rats in his psychology lab at Harvard University. On [...]
Depth & Breadth
When you’re designing or refining your investment process, it can be helpful to think about your process as an attempt [...]
Noise Destroys
You will produce above-average investment returns if you’ve had the good sense to figure out your competitive advantages, and if [...]
Taking Pain
One way to think about the design of your investment process is to do so using a variation on the [...]
What’s Your Edge?
Your Friday night poker game is going to be a costly form of entertainment unless you’re clear on three variables: [...]
Noise Contagion
Portfolio diversification is supposedly as close to a free lunch as you’re likely to get in the investment industry. The [...]