Investing based on our political beliefs can be costly. Historically, the average investor who is influenced by headlines has performed quite poorly.
Predicting something isn’t about the experience or intelligence of the individual. It’s about whether the event is even predictable.
The Allure of Forecasts
The brain has a lot of gray matter, but it hates gray areas. Uncertainty makes us very uncomfortable.
Practicing strategic ignorance is about selecting which information you pay attention to, and which information to ignore.
Shock, Awe & Perspective
In times of uncertainty, maintaining a healthy perspective is both mentally and financially beneficial for investors.
Not all data is beneficial to us. Some may be downright detrimental to investors.