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Bullshift: Optimism Bias in the Financial Advice Business

Released on Wednesday, September 22, 2021MARKETS
John De Goey will be talking about a challenge to advisors and investors alike - Optimism Bias. It is just one of many behavioral quirks that we all fall prey to, but one that might do the most harm in the current high-valuation environment. The term he uses to describe the industry's mindset is Bullshift - a cheeky portmanteau that combines the unbridled optimism of bullishness with the industry's unwavering ability to shift attention toward good news - no matter what the circumstances tell us.

John De Goey
Wellington-Altus Private Wealth, Inc., Portfolio Manager

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