In Search of Temperament Final – Measuring Success
This is the sixth and final instalment in our series on the ideal investor temperament. So far we’ve considered curiosity and flexibility, contrarianism, patience, self-awareness and self-control and probabilistic thinking. This post is all about how the best investors measure success and how they treat others. What’s Your Scorecard? You might think that successful investors […]
In Search of Temperament IV – Self-Awareness and Self-Control
This is the fourth part in a series on the ideal investor temperament. So far, we’ve examined curiosity and flexibility, contrarianism and patience. In this post, we’ll consider Self-Awareness and Self Control. Jim Paul’s life story and the lessons that he learned will be our guide. I recently finished reading What I Learned Losing a […]
In Search of Temperament
If you ask some of the most well-regarded investors what it takes to become a good investor, then they often tell you it is more about temperament than any technical proficiency. In this new series, MarketFox columnist Daniel Grioli tries to demystify this illusive concept and narrow it down to a few quantifiable attributes.
What Trait Psychology Tells Us about Factor Investing – Part II
Do factors have explanatory power in investment returns or are they merely descriptive? This is an important difference because the first characteristic would give them predictive powers, while the second would merely reflect past performance. In this second part on trait psychology, MarketFox columnist Daniel Grioli looks for clues in criticism of this branch of psychology.