Questions to Ask CEOs | Industry Research | Hindsight Bias and Overconfidence
A discussion of (1) questions to ask management; doing industry research: Elliot Turner responds to a listener question on the investment research process -- how to talk to management teams, how to utilize industry experts, and how to develop industry-specific knowledge; (2) hindsight bias and overconfidence: Phil Ordway observes that the exuberant market environment has led many investors to become overconfident, displaying both hindsight bias and unwarranted certainty about the future.