Napier Park Global Capital
The more frequently you monitor your portfolio, the more likely you are to observe a loss.
This is likely to cause short-sighted decisions and could hurt your investment performance.
If you are checking your portfolio more than once per quarter, you’re doing it too much.
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Dan Egan, Betterment Director of Behavioral Finance and Investing
Did you know the name of the guy who discovered the algorithm? Someone at Citigroup did, and he or she decided to rename its soon-to-be-given-away hedge fund unit after him.