Beware of Recency Bias!

Happy New Year!

As we embark on another year, it’s often a time when many consider what the future will hold, especially when it comes to their investment portfolio.

We thrive (pun intended) on being able to pull information from many different sources and bring un-biased ideas to our friends. As we look back on a very successful market environment and prepare for what is ahead, we wanted to share two short blog posts on an important behavioral finance topic called recency bias.

“Tomorrow’s Market Probably Won’t Look Anything Like Today”

“The Biggest Risk in 2014: Recency Bias”

Recency Bias is the tendency to think trends and patterns observed in the recent past can help us predict what will happen in the future.

A prudent reminder why financial planning should always direct your investment strategy.