CIBC Private Wealth US

Have you ever felt like you are your own worst enemy when it comes to investing? If so, you’re not alone. In fact, it’s a foundational truth of behavioral finance, the psychological study of financial decision-making. When it comes to investing, humans routinely make mistakes due to mental shortcuts and emotional biases.

To better understand the role of emotions in investing, we talked with Morgan Housel, a partner at the Collaborative Fund, former columnist at The Wall Street Journal and analyst at The Motley Fool, about the implications of behavioral finance.

The pundits and prognosticators got it mostly right: It was the midterm election of
checks and balances, divergence between rural and suburban, the year of the “fired up
female graduate,” and an electorate voting in large part on presidential approval ratings
rather than economic satisfaction, including tax cuts. What does it all mean?

Admiral Stavridis shares his views on the current state of geopolitics, including:

For more details surrounding Admiral Stavridis’ views on these important topics, read his featured article, The Sea is One, in the Spring 2019 issue of The Advisor or listen to the brief audio excerpt from his interview.

Estate planning is not just for the ultra-wealthy. Anyone, regardless of financial circumstances or family dynamics, can benefit from the process.

If you’re wondering how long the current economic cycle can last or how political rhetoric might impact your investments, rest assured that we have done the research.