December 10, 2021

Investing Insights from the 2021 World Chess Championship

December 10, 2021/ Gary Mishuris

The 2021 World Chess Championship was expected to be a hard-fought battle. The challenger, Ian Nepomniachtchi (affectionately known as Nepo in the chess world) from Russia, was taking on the reigning world champion, Magnus Carlsen, from Norway. While Carlsen is the number one ranked chess player in the world, Nepo, ranked number five, is not far behind. Commentators were predicting a close match, with some forecasting that Nepo’s attacking style was the right prescription to de-throne the reigning world champion.

July 29, 2018

The Skeptic’s Checklist

July 29, 2018/ Gary Mishuris

Before you succumb to the charms of a charismatic management team or fall for someone pitching you on another “story stock,” read the skeptic’s checklist. It won’t give you all the answers, but it will give you a fighting chance against the biases that you are likely frequently exposed to.

January 17, 2018

The “Mental Game” in Investing

January 17, 2018/ Gary Mishuris

At the 2017 Berkshire Hathaway Annual Meeting, Charlie Munger, Warren Buffett’s partner, said: “A lot of other people are trying to be brilliant and we are just trying to stay rational. And it’s a big advantage.” It’s a simple, but crucial insight – a lot of the edge in investing can be traced to the ability to stay rational and execute your approach at moments of highest pressure and uncertainty. So what is the “mental game” in investing, and how do you make sure that yours helps your investing results?

February 10, 2017

Behavioral Defense in Decision Making

February 10, 2017/ Gary Mishuris

Behavioral biases affect decisions more often than one might think. Behavioral defense involves making sure you are aware of any such biases affecting your thinking and correcting for them whenever possible. This article will focus on helping you make better decisions through the use of behavioral defense.

Insights

Behavioral Value Investor