Are You An Emotional Investor?

Federal Reserve officials like to call their decisions “data dependent.” Business leaders say it a little differently, often “data driven.”

All well and good but does anyone really say otherwise? “To say you prefer seat-of-the-pants guesswork” doesn’t typically impress investors. So of course, people claim to be data-driven, even when they aren’t.

Even worse, you can sincerely think you are data-driven while looking at data that’s incomplete, distorted, or just plain wrong. We live in a complex world.

So How Do You Stay Data Driven?

————–

Host: Victor Menasce

email: [email protected]