Conclusion: The ABCs of Behavioral Biases
August 30, 2024
During this series, we have learned that our own behavioral biases are often the greatest threat to our financial well-being.
During this series, we have learned that our own behavioral biases are often the greatest threat to our financial well-being.
It is worth revisiting some of the basics about the stock market, and debunk some common myths.
In the final alphabetical installment of our Behavorial Biases Series, let’s dive into sunk cost fallacy and tracking error regret.
A four-year college degree is expensive. While the numbers vary, the data on the topic is sobering.
From time to time, the stock market experiences sharp moves like the -3% decline in the S&P 500 on Monday, August 5th.
Phase II of IAG’s Business Planning process is to “Defend” the business from internal and external threats.
In this installment of our Behavorial Biases Series, let’s look at overconfidence, pattern recognition and recency.
In the latest installment of our Behavorial Biases Series, let’s look at hindsight, loss aversion, mental accounting and outcome bias.
In the latest installment of our Behavorial Biases Series, let’s tackle fear, FOMO (greed), framing and herd mentality.
Impact Advisors Group is pleased to announce that Jon Bock, CPA/PFS has earned his Certified Exit Planning Advisor (“CEPA”) designation.
Four self-inflicted biases that knock a number of investors off-course are anchoring, blind spot, confirmation and familiarity bias.
According to The National Institutes of Health, 59% of adults between the ages of 85 and 89 receive a family caregiver’s help.
When we look at history, generally in a bear market riskier asset classes like Small Cap Stocks decline more than Large Caps.
Thomas Deans, the author of Every Family’s Business, often asks business owners a question that they find quite polarizing and IMPACTful.
Legendary economist Benjamin Graham once stated that ‘your own behavioral biases are often the greatest threat to your financial well-being.’