Some Things Never Change

As humanity emerges from the most recent crisis, we will read about how things have forever changed. People will write about the impact on how we work, commute, interact, and shop, as well as how the economy and markets will be affected. One thing that will remain constant, however, is human behaviour. Morgan Housel shares his…

Human Irrationality and Investment

As the battle between passive and active investing rages on and evidence continues to pile up to support the use of indexing strategies over picking stocks, investors continue to trade excessively in hopes of beating the market. Even worse, some pay exorbitant fees to managers that continually underperform. So, why do people continue to invest…

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

For anyone that is familiar with the commonly used finance phrase “Black Swan”, you can thank Nassim Taleb, who popularized the term in 2001 with his book “Fooled By Randomness”. The main theme of the book is that the scientific methods utilized in financial theory tend to lean towards empirical observation, while deductive reasoning is…

The Moral Animal – Why We Are The Way We Are

For those interested in human psychology and how evolutionary forces can influence the way individuals make decisions, The Moral Animal – Why We Are The Way We Are by Robert Wright is a fascinating read. It explores the science of evolutionary psychology, examining the historical context around how the theory of natural selection was conceptualized…

Being Wrong: Adventures in the Margin of Error

One of our team members has recently finished the book Being Wrong: Adventures in the Margin of Error by Kathryn Schulz, which is a fascinating read for those interested in how the brain processes errors and the effect it has on behaviour. It is no surprise that the acknowledgement of errors in logic or deeply-engrained beliefs…

Why We Sleep: Unlocking the Power of Sleep and Dreams

One of our team members has recently finished the book Why We Sleep: Unlocking the Power of Sleep and Dreams by Matthew Walker, which is an intriguing read that discusses why sleep is so critical to health and productivity at work. A lack of sleep is a silent productivity killer, costing the US economy up…