71 Bob Seawright, Using Red Teams to Fight Cognitive Biases

Robert P. Seawright is the Chief Investment & Information Officer for Madison Avenue Securities, a boutique broker-dealer and investment advisory firm headquartered in San Diego, California. At Madison, Bob’s role is a thought leader for the firm’s independent advisors, providing counsel and guidance with respect to the latest industry trends, research and best practices. In September of 2014, The Wall Street Journal published a list of fifteen smart people for investors to follow that included Bob, along with Warren Buffett, Howard Marks, William Bernstein and the CFA Institute.   Bob is a columnist for Research magazine, a Contributing Editor at Portfolioist as well as a contributor to the Financial Times, The Big Picture, The Wall Street Journal’s MarketWatch, Pragmatic Capitalism, and ThinkAdvisor. Bob’s blog, Above the Market, has received “best of” recognition from a wide variety of sources, including The Wall Street Journal, Financial Planning, the CFA Institute, Insider Monkey, Financial Social Media, and Investment News. He also speaks regularly to a variety of audiences on topics related to finance, investing and the markets.   Bob’s Challenge; Sit down and think of a few examples of mistakes you are making.   If you liked this interview, check out episode 55 with Morgan Housel, where we discuss finance writing and cognitive biases.