BEW Webinar with DFA’s Apollo Lupescu, PhD
Apollo is matchless at weaving together data, anecdotes, and behavioral biases to educate investors on how to make sound, evidence-based decisions. His lessons are evergreen, but they are especially important to recognize in the face of harrowing markets, like we see today.
Tech Stocks vs. the Fed
With low rates, investors prefer stories about the future over earnings today. When rates rise, investors begin to prefer earnings today over stories about the future.