Which of these investing biases do you catch yourself on the most?
@cl56195 ай бұрын
This video is so damn good. I probably should watch it frequently to remind me of these bias traps of which I will fall into
@OptimizedPortfolio5 ай бұрын
Thanks! Probably a good idea. :)
@qswedasf5 ай бұрын
The home country bias is more complex than what you make it seem and also the research that support some home country bias. For sure not overweighting or overly concentrating, but a small modest allocation if the relative market weight is lower, is not necessarily bad at all. Recency and confirmation bias is seems to be the most popular these days with new investors.
@OptimizedPortfolio5 ай бұрын
My audience is mostly US investors, for whom massive home country bias is all too common.
@mere_cat5 ай бұрын
Damn! Masterclass in bias! Awesome long form video! 🙇🙇♀️🙇♂️
@OptimizedPortfolio5 ай бұрын
Thanks!
@TJ-Stackin5 ай бұрын
Fantastic video brother 👏 👍
@OptimizedPortfolio5 ай бұрын
Thank you!
@darrellsellers5 ай бұрын
Ok, you push this over the top: one of the best videos on KZbin covering stocks. Bravo!! 👏
@OptimizedPortfolio5 ай бұрын
Glad you liked it!
@bbarre46015 ай бұрын
I don't know any investor who shouldn't watch this. Here's something I ponder now and then. I think you'd agree there is usually bias in stock picking. This makes me think about people who start a business. In a way, they are picking a stock: their own business. This seems ripe for biases. Perhaps this is why most startups fail. Yet it's a good thing people take on that risk, otherwise we'd have nothing to invest in :)
@OptimizedPortfolio5 ай бұрын
Thanks! Good point.
@jz87565 ай бұрын
Just Amazing! this is helpful beyond the scope of investment.
@OptimizedPortfolio5 ай бұрын
Glad you think so!
@eugene34965 ай бұрын
This is pure gold 🥇! Thank you!
@OptimizedPortfolio5 ай бұрын
Glad you liked it!
@eugene34965 ай бұрын
@@OptimizedPortfolio funny enough, I was studying for a midterm exam for my psychology of financial markets course when this video played next. This video was a good summary of the chapters in the first half of the course (investor psychology and behavior).
@OptimizedPortfolio5 ай бұрын
Excellent!
@mtombak5 ай бұрын
Great video, well explained thank you.
@OptimizedPortfolio5 ай бұрын
Glad you enjoyed it!
@jasonhobbs24055 ай бұрын
Great video. GREAT video!
@OptimizedPortfolio5 ай бұрын
Thank you!
@christopherwilliams61915 ай бұрын
Outstanding content.
@OptimizedPortfolio5 ай бұрын
Thank you!
@coinbowl5 ай бұрын
I like Vanguard Total World Stock ETF (VT) and Vanguard Total World Bond ETF (BNDW). I wish Vanguard has more total world ETFs.
@OptimizedPortfolio5 ай бұрын
Those are great choices!
@genorgeanaplaszio12465 ай бұрын
I couldn’t stop watching this video. So simple, direct…. But now, wtf do I do….
@OptimizedPortfolio5 ай бұрын
Hah, love it! I'm biased, but here are a few ideas that come to mind: 1. Like and share this video. ;) 2. Write an investment policy statement. I have a video on this linked at the end. 3. Consider buying a few low-cost, total market index funds. I have a video on the popular Bogleheads 3 Fund Portfolio linked at the end as well. 4. Sit back and relax. 😎
@Jpsantos945 ай бұрын
For a simple set it and forget it portfolio for 30+ years, do you recommend just the 3 fund portfolio?
@OptimizedPortfolio5 ай бұрын
Depends on whether that is a suitable strategy for that investor. But yea it's a solid choice.
@kennethmartin63495 ай бұрын
Why does herding not apply to things like etf investing? For example everyone on KZbin recommending vti or voo? Is it just because of the sound foundation of tracking an index in the long term?
@mr29815 ай бұрын
Of course herding can apply to ETF investing, ARKK for example. But remember that herding is a problem because it involves irrationality, substituting trend following for prudence. Investing in a low cost, highly diversified ETF like VTI or VOO have over a century of evidence to back up those choices. That is not irrationality.
@kennethmartin63495 ай бұрын
@@mr2981 thanks for clarifying
@OptimizedPortfolio5 ай бұрын
Herding can definitely apply to ETFs. Usually more with narrower sectors or market segments like VGT for US tech, ARKK, etc.
@Brent2335 ай бұрын
Future is uncertain but history shows value of entire stock market always goes up (over long time span).