Echo Chambers: How They Hurt Returns, and the Benefits of Diverse Perspectives in Research
August 23, 2023: 12:00 pm – 1:00 pm Virtual
- This event has passed.
Virtual Event: “Echo Chambers: How They Hurt Returns, and the Benefits of Diverse Perspectives in Research”
August 23, 2023 | 12:00 PM-1:00 PM
Actively seeking diverse viewpoints may improve returns when investing in stocks. Investing according to an “echo chamber” that reproduces and reinforces prior opinions, however, can severely drag on performance.
New research by Joey Engelberg, Will Mullins, and J. Anthony Cookson shows investors tend not to seek information that challenges their perceptions. Instead, they choose to disproportionately consume information from other investors who share their beliefs.
Featuring:
Joseph Engelberg, Ph.D. – Chief Research Officer
Joseph Engelberg has served as Chief Research Officer of Counterpoint Mutual Funds since 2015. Dr. Engelberg has also been an Associate Professor of Finance at University California San Diego, Rady School of Management since 2011. Prior to joining Counterpoint Mutual Funds, Dr. Engelberg co-founded Counterpoint Asset Management, LLC in 2012. From 2008 to 2011, Dr. Engelberg was an Assistant Professor of Finance at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. He earned his Ph.D. in Finance from the Kellogg School of Management at Northwestern University and earned his B.A. in Mathematics and B.S. in Business Administration from the University of Southern California.
Mike Taylor, CFA – Director of Institutional Partnerships
Mike Taylor has served as the Director of Institutional Partnerships at Counterpoint Mutual Funds since 2021. Prior to joining Counterpoint Mutual Funds, Mike was Managing Editor at Seeking Alpha, a leading investment news and analysis website, where he oversaw all analytical content. He holds an M.B.A. in finance from the University of California – San Diego, Rady School of Management and a B.A. in French and English from Georgetown University. He is a CFA charterholder and a member of the CFA Society Washington D.C.