EXCELSIOR CAPITAL PRESENTS

Understanding Behavioral Economics: How to Beat the Market

Jeff Henriksen is the Founder and CEO of Thorpe Abbotts Capital, a behavioral-focused hedge fund focused on exploiting systematic biases in public markets.
Go Beyond Marketing and Create a Better Customer Experience

Podcast: Understanding Behavioral Economics – How to Beat the Market

Jeff Henriksen is the Founder and CEO of Thorpe Abbotts Capital, a behavioral-focused hedge fund focused on exploiting systematic biases in public markets.

Key Highlights

[00:01 – 13:24] Behavioral Finance and the Stock Market

  • Human beings are influenced by biases and these can lead to mistakes in investment decisions
  • The efficient market hypothesis and why individual investors cannot outperform the market
  • Crowd wisdom on making accurate predictions based on the collective knowledge
  • How the measure of free cash flow and the discount rate of an evaluation are affected

[13:25 – 39:06] Beware of Systematic Investor Bias

  • The levels of happiness based on gains and losses relative to a reference point
  • Risk-seeking behavior has profound implications on markets and security prices
  • How revenues and debt levels do not become indicative of distress
  • Beware of value trap companies – looking promising but may be eroding rapidly

 [39:07 – 41:29] The Importance of Disproving Your Own Views

  • Markets are a lot more efficient than a lot of active managers realize
  • Start out most investment thesis from a bearish perspective and disprove the bearish thesis
  • To not be overly optimistic that the market’s just throwing out great opportunities all the time

[41:30 – 42:57] Closing Segment

  • Email Jeff and check out his website.

Links Mentioned:

Website: https://thorpeabbottscapital.com 

https://www.amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555  (Thinking, Fast and Slow by Daniel Kahneman)

Brian’s Linkedin: https://www.linkedin.com/in/brian-c-adams/ 

Previous Articles

the-ultimate-guide-to-commercial-real-estate-investing

The Ultimate Guide to Commercial Real Estate Investing

Learn everything you need to know to assess the benefits of a commercial real estate investment and make the best decisions to get started.

Navigating Interest Rate Uncertainty Strategies for Institutional Real Estate Joint Ventures JVs

Navigating Interest Rate Uncertainty: Strategies for Institutional Real Estate Joint Ventures (JVs)

The Federal Reserve’s 2025 policy will balance economic growth and inflation control. Factors influencing policy include tariff-driven inflation…

Trumps Tariffs in 2025 A Game Changer for Industrial and Shallow Bay Real Estate

Trump’s Tariffs in 2025: A Game Changer for Industrial and Shallow Bay Real Estate?

As the U.S. economy adapts to a broad round of tariffs under the Trump administration in 2025, industrial (bulk and shallow bay) real estate are poised for significant changes.

Emerging Trends in Real Estate Investment for Institutional Portfolios

Emerging Trends in Real Estate Investment for Institutional Portfolios

As the first few months of 2025 have shown, the real estate investment landscape for institutional portfolios is undergoing significant transformation.

Tax Season Preparation for Real Estate Investors

Tax Season Preparation for Real Estate Investors

Whether you’re an individual filer, a business owner, or managing investments like real estate, proper preparation can help you maximize deductions and stay ahead of key deadlines.

From Challenge to Opportunity 2025 Commercial Real Estate Outlook

From Challenge to Opportunity: 2025 Commercial Real Estate Outlook

As we move into 2025, investors are entering the new year with cautious optimism. While the last two years have presented challenges, there’s a growing sense…

Why Industrial Outdoor Storage IOS Is the Next Big Trend in Commercial Real Estate

Why Industrial Outdoor Storage (IOS) Is the Next Big Trend in Commercial Real Estate

The Industrial Outdoor Storage (IOS) asset class has rapidly emerged as a key player in 2024. With a market valuation of $200 billion…

Does Real Estate Deserve a Larger Role in the Ideal Future Portfolio

Does Real Estate Deserve a Larger Role in the Ideal Future Portfolio?

Investors should be prepared for equity returns during the next decade that are towards the lower end of their typical performance distribution relative to bonds and inflation.

Understanding Common Real Estate Investment Structures

Understanding Common Real Estate Investment Structures

A Guide for Accredited Investors. Explore some of the most common real estate investment structures and how they work.

Excelsior Capital

A real estate private equity firm that owns and operates high quality multi-tenant office assets in emerging secondary markets.

Interested in learning more about Excelsior's investment opportunities?

Excelsior Capital

104 Woodmont Blvd, Suite 120
Nashville, TN 37205

investors@excelsiorgp.com

Disclaimer: Under no circumstances should any information presented on this website be construed as an offer to sell, or solicitation of an offer to purchase any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Other materials related to investments in entities managed by Excelsior Capital are not available to the general public.

Share This