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Trimark Investments blog -

Overcoming memory bias to become a better investor. May 20, 2015. Hindsight is 20/20, but I believe this is a hindrance to self-improvement as an investor. It’s easy to say, I bought stock XYZ and it went up/down, so I was right/wrong. But does this add to my knowledge? I would argue that it doesn’t, and may, in fact, limit opportunity for growth. Outcomes (whether an investment decision was profitable or not) are much less useful to improvement than process (how you reached an investment decision).

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Trimark Investments blog - | blog.trimark.ca Reviews
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Overcoming memory bias to become a better investor. May 20, 2015. Hindsight is 20/20, but I believe this is a hindrance to self-improvement as an investor. It’s easy to say, I bought stock XYZ and it went up/down, so I was right/wrong. But does this add to my knowledge? I would argue that it doesn’t, and may, in fact, limit opportunity for growth. Outcomes (whether an investment decision was profitable or not) are much less useful to improvement than process (how you reached an investment decision).
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1 english
2 français
3 french
4 trimark
5 investments blog
6 about the blog
7 about our bloggers
8 about trimark investments
9 pmtv
10 by jason whiting
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english,français,french,trimark,investments blog,about the blog,about our bloggers,about trimark investments,pmtv,by jason whiting,active management,trimark discipline,2 comments,by norman macdonald,canadian equities,commodities,no comments,by jeff feng
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Trimark Investments blog - | blog.trimark.ca Reviews

https://blog.trimark.ca

Overcoming memory bias to become a better investor. May 20, 2015. Hindsight is 20/20, but I believe this is a hindrance to self-improvement as an investor. It’s easy to say, I bought stock XYZ and it went up/down, so I was right/wrong. But does this add to my knowledge? I would argue that it doesn’t, and may, in fact, limit opportunity for growth. Outcomes (whether an investment decision was profitable or not) are much less useful to improvement than process (how you reached an investment decision).

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Overcoming memory bias to become a better investor. May 20, 2015. Hindsight is 20/20, but I believe this is a hindrance to self-improvement as an investor. It’s easy to say, I bought stock XYZ and it went up/down, so I was right/wrong. But does this add to my knowledge? I would argue that it doesn’t, and may, in fact, limit opportunity for growth. Outcomes (whether an investment decision was profitable or not) are much less useful to improvement than process (how you reached an investment decision).

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