Hindsight Bias: Did You Really Know It All Along?

Have you ever looked back at an unexpected event, really thought about it and figured you could have predicted what was going to happen based on what was occurring just before it? Sounds like the pretty logical way to look at things because you can learn from the past and figure out what indicators to…Read more Hindsight Bias: Did You Really Know It All Along?

Herd Mentality: If Your Friends Jumped Off A Financial Cliff…Would You?

You've undoubtedly heard the phrase "If so and so jumped off a cliff, would you?" at least once in your lifetime, and no doubt it was said to you by someone older and wiser. The lesson to be learned by this phrase is that you shouldn't always follow the herd and cave in to peer pressure;…Read more Herd Mentality: If Your Friends Jumped Off A Financial Cliff…Would You?