IMPORTANCE OF INVESTING LOOKING FORWARD – NOT IN THE REARVIEW MIRROR
Is it a good idea to drive your car looking in the rear view mirror? Probably not, unless you want to get in an accident. Why then do many people invest their money the same way – looking in the rear view mirror at performance? The answer is grounded in hindsight bias. People adapt to […]
Finding Value in a Growing Industry
In one of our recent market updates, we discussed that commodity prices are at historically low valuations. Energy, in particular, is one area that is trading at cheap valuations. When most people think about energy, they think of oil and how much they are paying at the pump. While oil does make up a […]