Critical thinking: The key to independent decision-making
Think Critically to Invest Soundly
These are volatile times fraught with emotion and highly charged rhetoric across the political, economic, and social spheres. In this issue of Uncommon Perspective, we examine critical thinking as a counterbalance to the histrionics and hyperbole of today and as a return to more measured, sound, and effective decision-making. We also offer examples of how critical thinking guides our wealth management process from risk assessment to portfolio construction and investment selection.
We cover a range of topics including:
- The essential steps of the critical thinking process
- The necessary predispositions of the critical thinker
- Common cognitive biases, often driven by emotion, that may lead to suboptimal decision-making