Avoiding the “Two-Plan Tony”
Aug 7, 2018 · 2 min
For constant success, you must change with the times
So how can Status quo bias impact investors? Pompian list the following four mistakes investors can make with this bias.
Aug 1, 2018 · 2 min
Duncan Williams Asset Management Ranks Number 10 Fastest Growing RIA Firms
Duncan Williams Asset Management is proud to announce its inclusion in Financial Advisor Magazine’s 2018 list of fastest growing Registered Investment Adviser firms in the United States,
Aug 1, 2018 · 4 min
Do your investments reflect your values?
As social responsibility and environmental awareness become more popular, the demand for ESG investments has grown as well.
Jul 26, 2018 · 2 min
Self-reverence, self-knowledge, and self-control
“Simply put, self-control bias is a human behavioral tendency that causes people to fail to act in pursuit of their long-term, overarching goals because of a lack of self-discipline
Jul 20, 2018 · 2 min
Too many people overvalue what they are not and undervalue what they are —Malcolm S Forbes
“In its most basic form, overconfidence can be summarized as unwarranted faith in one's intuitive reasoning, judgments, and cognitive abilities.
Jul 10, 2018 · 3 min
Nonprofit organizations need retirement plans too
Offering retirement benefits at your nonprofit can help you be competitive at attracting the best talent for your nonprofit organization.
Jul 10, 2018 · 2 min
Most small business owners want their business to be successful well into the future
Most small business owners want their business to be successful well into the future.
Jul 3, 2018 · 1 min
Loss Aversion Bias
Win as if you were used to it, lose as if you enjoyed it for a change. —Ralph Waldo Emerson
Jun 26, 2018 · 5 min
"An investment in knowledge pays the best interest" - Benjamin Franklin
We encounter people all the time that ‘just want to learn more about the stock market’ or ‘I wish I knew more about money.’
Jun 19, 2018 · 2 min
Recency Bias
Recency bias occurs when people more prominently recall and emphasize recent events and observations than those in the near or distant past.
Jun 15, 2018 · 3 min
Outcome Bias
“Outcome bias refers to the tendency of individuals to decide to do something—such as make an investment in a mutual fund—based on the outcome of past events (such as returns of the past five years) rather than by observing the process
Jun 8, 2018 · 3 min
“Youth is wasted on the young” George Bernard Shaw
Youth can be such a beautiful thing. It implies hope, learning, growth, dreams, aspirations to change the world.
May 30, 2018 · 2 min
Self-attribution Bias
Self-attribution bias is a long-standing concept in psychology research and refers to individuals’ tendency to attribute successes to personal skills and failures to factors beyond their control.
May 30, 2018 · 2 min
Availability Bias
May 22, 2018 · 3 min
Entrepreneurship
Small business owners must take on many roles to be successful in the operations of their services.
May 8, 2018 · 1 min
Framing Bias
framing bias, just one more of the many ways in which our brains are biased in the way we evaluate information.
May 8, 2018 · 3 min
Anchoring and Adjustment Bias
When negotiating the price of an item we are often swayed when we feel we’re getting a bargain.
Apr 27, 2018 · 3 min
“Investing is the intersection of economics and psychology” Seth Klarman
So the question is why does the average equity investor meaningfully underperform the broad equity market?
Apr 24, 2018 · 2 min
Hindsight Bias
The hindsight bias refers to a person's belief and tendency of having predicted the outcome of an event when, in reality, there was no sure way of knowing the outcome.
Apr 18, 2018 · 3 min
Jo Gilbert, Executive Director of Madonna Learning Center
Jo Gilbert has been the Executive Director of Madonna Learning Center since December of 2012.
Apr 12, 2018 · 1 min
Who Should Be On Your Development Committee?
Partly because I have a father that has built a very successful career in professional fund-raising and partly because I deal with people’s money on a daily basis in my normal business responsibilities
Apr 10, 2018 · 2 min
The illusion of control bias
The illusion of control bias, another form of dissonant behavior, describes the tendency of human beings to believe that they can control or at least influence outcomes when, in fact, they cannot.
Apr 10, 2018 · 3 min
Should small businesses partake in a 401(k) retirement savings plan?
Small businesses are an important backbone of the community, offering specialty retail and services to cities.
Apr 6, 2018 · 1 min
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