All Season Investing with Paul Strehle, Ep #30

Behavioral finance emerged in the late 80s to address why people make the investment decisions they make. According to DALBAR, the S&P 500 averaged 9.5% in 2021 and the average investor only averaged a return of 3.6%. The question becomes, what happened to that extra 5.9% of gains? The role of emotion in making decisions when to buy and sell is saignificant.Today’s guest is Paul Strehle, President and Senior Portfolio Manager at USA Mutual Advisors Inc. In this episode of Upthinking Finance™, Paul will share how to understand why people make decisions—and how to profit from them. You will want to hear this episode if you are interested in...How Paul got into qualitative analysis [2:54]How Paul’s portfolio strategy works [11:36] Accept small losses for the long-term wins [13:17] The psychology of herd mentality [16:09] Everyone trades on their own interests [25:39] How people react to managed futures [30:46] What drives Paul to choose the “hard road” [37:00] Paul Strehle is not affiliated with or endorsed by LPL Financial or Capital Investment Advisers.Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.The financial professionals associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Resources & People MentionedA Random Walk Down Wall Street: The Time-Tested Strategy for Successful InvestingThe Man Who Solved the MarketThe Wisdom of CrowdsMarket WizardsConnect With Paul StrehleUSA MutualsConnect on LinkedInConnect with Emerson FerschCapital Investment AdvisersOn LinkedInSubscribe to Upthinking FinanceAudio Production and Show Notes by - PODCAST FAST TRACK