Egan’s Opus

You need to go read my friend Dan Egan’s piece Change the portfolio, or change the investor right now. Dan is the director of behavioral finance at Betterment and sought to answer a question from Corey Hoffstein about whether or not a portfolio should be built with the investor’s behavioral triggers in mind.

I answer this question yes, every day. I know too much and have dealt with too many investors in too many markets to answer otherwise. In fact, we’ve built out our asset management strategies specifically with this in mind. This is going beyond “optimization” based on some backtest – because as we all should know, an “optimized” portfolio that an investor cannot hang on to at the most crucial moment is anything but optimal in real life.

But Dan makes an important point that an investment organization needs to spend time and effort turning their investors into better versions of themselves too.

So maybe the answer is a little bit of both.

Regardless, here’s Dan’s take, it’s really good. Maybe the best thing I’ve seen him do on the blogs.

What's been said:

Discussions found on the web
  1. liquid k2 commented on Sep 14

    … [Trackback]

    […] Information to that Topic: […]

  2. Be Rich Now! commented on Sep 22

    … [Trackback]

    […] Here you can find 19816 additional Info to that Topic: […]

  3. commented on Sep 23

    … [Trackback]

    […] Find More on that Topic: […]

  4. blazing trader review commented on Sep 23

    … [Trackback]

    […] Find More on to that Topic: […]

  5. drag wigs commented on Sep 24

    … [Trackback]

    […] Find More Info here on that Topic: […]

  6. old facebook commented on Sep 25

    … [Trackback]

    […] Find More Information here to that Topic: […]

  7. Vape juice commented on Oct 29

    … [Trackback]

    […] Find More on on that Topic: […]

  8. chiem bao thay lua commented on Nov 05

    … [Trackback]

    […] Read More on that Topic: […]

  9. tangerine account log in commented on Nov 17

    … [Trackback]

    […] Here you will find 1470 more Information to that Topic: […]

  10. Engineering commented on Dec 28

    … [Trackback]

    […] Find More Information here on that Topic: […]

  11. commented on Jan 14

    … [Trackback]

    […] Read More on on that Topic: […]

  12. lace front wigs commented on Jan 15

    … [Trackback]

    […] Here you will find 85703 additional Info on that Topic: […]