Your feelings about future returns are not expected returns!

Опубликовано: 12 Октябрь 2023
на канале: Ben Felix
21,388
1k

Don't let your feelings guide your investment decisions.

Subjective return expectations tend to negatively correlate with model-based expected returns.

Both are predictive of realized returns, but in opposite directions.
------------------
Follow Ben Felix on
Twitter:   / benjaminwfelix  

Visit Rational Reminder: https://rationalreminder.ca/
Join the Rational Reminder Community: https://community.rationalreminder.ca/
Follow the Rational Reminder on:
Twitter:   / rationalremind  
Instagram:   / rationalreminder  

Visit PWL Capital: https://www.pwlcapital.com/

Follow PWL Capital on:
Twitter:   / pwlcapital  
Facebook:   / pwlcapital  
LinkedIn:   / pwl-capital  

You can find the Rational Reminder podcast on
Google Podcasts:
https://www.google.com/podcasts?feed=...
Apple Podcasts:
https://itunes.apple.com/ca/podcast/t...
Spotify Podcasts:
https://open.spotify.com/show/6RHWTH9...
------------------