To Be a Great Investor… WSJ – Commodity Research Group

December 31, 2016 by Jim Colburn Leave a Comment

Jason Zweig, of the Wall Street Journal, has some thoughts on investing:

“…instead of opening their minds to the possibility of being wrong, investors often wall themselves off from new information that could threaten their views.”

“The common culprits in all this are two quirks of the human mind that psychologists call confirmation bias and hindsight bias. The first drives us to seek and favor evidence that confirms our pre-existing beliefs while ignoring warning signs that we might be wrong. The second compels us, after everyone knows the outcome, to believe we saw it coming all along.”

Here is the link: http://blogs.wsj.com/moneybeat/2016/12/30/to-be-a-great-investor-worry-more-about-being-wrong-than-right/

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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