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Mastering the Tradecraft of Investing – part 1

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by  Erik Conley

This article, and those that follow, are excerpts from the upcoming book...The Zen Investor's Guide to Mastering the Tradecraft of Investing.IntroductionYou have probably heard the names and stories about some of the Masters ...

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Are You Paying For Useless Advice?

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by  Erik Conley

Are you paying for useless advice? False experts, the “Hot-Hand Fallacy”, and the “Law of Small Numbers.” Can people be fooled into believing in a non-existent expert? If so, will they then pay ...

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The Sunk Cost Fallacy: What it is and how to avoid it

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by  Erik Conley

In this series of articles I explore behavioral influences on investors’ decision-making, and the impact these behaviors have on investment success. Most investors – amateurs and professionals alike – repeatedly fall into traps ...

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