When you ask people who the greatest investors in the world are, you get a few familiar answers. At the top of their list is the venerable Warrant Buffett of Berkshire Hathaway, the “Oracle of Omaha; everyone’s favorite investment grandfather. Going back further in...

Financial markets have rallied in recent weeks as hopes for a cut in short term interest rates by the Federal Reserve gave investors reason to hope for monetary stimulus and further asset price inflation. In the last 18 months, the S&P 500 index has zig-zagged...

Financial markets have a bad habit, and all of us who take part in markets each day are guilty of causing it. The bad habit? It’s called “Recency Bias”, the tendency to extrapolate what has occurred in the very immediate past as to what we think will certainly...