Lessons on Behavioral Finance

Maggie Mayer Portfolio Management

In honor of Richard Thaler, the recent winner of the Nobel Memorial Prize in Economic Sciences, we thought a discussion on behavior finance would be timely and relevant. This field of study has provided great insight on how to better manage personal finances. We would be well served to understand some of his great insights into human behavior.

Investment Stories

Maggie Mayer Portfolio Management

Much research has been done on humans and their love of stories. I am personally a big fan of stories. Concepts are easier for me to understand and remember if told through a story. However, stories also have their downsides.

Second Quarter Market Review 2017

Maggie Mayer Portfolio Management, Quarterly Market Commentary

This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.

Global Diversification

Maggie Mayer Portfolio Management

Some people believe diversification stops at our country’s borders. They believe US companies provide enough diversification. However, the data below shows that portfolios invested only in the US are increasingly missing out on many global investment opportunities. Making a prediction about a single country may bear more risk than taking a more globally diversified approach. “In God we trust; all others bring data.” – W. Edwards Deming

Diversification For Uncertain Times

Maggie Mayer Portfolio Management

It is always an interesting time to be an investor. As we have discussed previously, people reading the investment news every day without the knowledge of some simple investment principles would be very overwhelmed. The investment jargon, fancy charts, and emotional wording can cause an investor’s blood pressure to rise quickly. It is fascinating to read about today’s investment world being especially “volatile”, “uncertain”, “risky”, and “unpredictable”. In our opinion, these words could describe markets every day.

First Quarter Market Review 2017

Maggie Mayer Portfolio Management, Quarterly Market Commentary

This report features world capital market performance and a timeline of events for the last quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.

Year in Review

Maggie Mayer Portfolio Management

Nothing takes you away from dwelling in the past or agonizing about the future like living in the present” – Roy T Bennett, The Light in the Heart. As we bring another calendar year to a close, we look back at what a year it has been. It is important to reflect and to learn from the past. In reflection, we are often amazed at the events that we experienced and how much different they were then we might have expected. This reflection process is where knowledge is truly gained. Knowing the power of hindsight bias allows us to better …