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	<title>Gary&#039;s $$$ and Sense Blog</title>
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		<title>Headlines Can Be Hazardous to Your Wealth</title>
		<link>http://gbgorr.wordpress.com/2012/02/18/headlines-can-be-hazardous-to-your-wealth/</link>
		<comments>http://gbgorr.wordpress.com/2012/02/18/headlines-can-be-hazardous-to-your-wealth/#comments</comments>
		<pubDate>Sat, 18 Feb 2012 19:13:18 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[Daniel Kahneman]]></category>
		<category><![CDATA[Investor]]></category>
		<category><![CDATA[Mutual fund]]></category>
		<category><![CDATA[Lipper]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1754</guid>
		<description><![CDATA[Yesterday  I was reading the Globe and Mail online version and I came across this heading in the business section. Lipper&#8217;s award-winning mutual funds Looking for ideas for your RRSP? Find dozens of funds whose strong returns and low risk levels made them stand out among their peers. I am sure many Canadians saw the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1754&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Anchoring and The Great Recession</title>
		<link>http://gbgorr.wordpress.com/2012/01/30/anchoring-and-the-great-recession/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/30/anchoring-and-the-great-recession/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 18:54:09 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Anchor]]></category>
		<category><![CDATA[Euphoric]]></category>
		<category><![CDATA[Great Recession]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1725</guid>
		<description><![CDATA[Last night as I lay in bed I was reading Carl Richard&#8217;s book, The Behaviour Gap. He was talking about anchoring,  a concept that I was familiar with and that he illustrates in a graphic way. Anchoring &#8211; reflects the degree to which the initial judgment about an event or situation prohibits one from deviating [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1725&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Focus on What Your Can Control- ROR isn&#8217;t It</title>
		<link>http://gbgorr.wordpress.com/2012/01/28/focus-on-what-your-can-control-ror-isnt-it/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/28/focus-on-what-your-can-control-ror-isnt-it/#comments</comments>
		<pubDate>Sat, 28 Jan 2012 15:09:37 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[The Basics]]></category>
		<category><![CDATA[Wealth Creation]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[money basics]]></category>
		<category><![CDATA[Rate of return]]></category>
		<category><![CDATA[RRSP]]></category>
		<category><![CDATA[Success]]></category>
		<category><![CDATA[Wealth]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1718</guid>
		<description><![CDATA[As we sit down to consider investing  for this RRSP season we  have been conditioned to look to rates of returns and seek investments that  have had better returns than others. For example all of us would say choose the investment that averages 8% versus 7% you&#8217;ll be better off. However can we control returns or [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1718&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Which Drag Hurts Returns the Most</title>
		<link>http://gbgorr.wordpress.com/2012/01/27/the-mer-drag-or-the-behaviour-gap-drag-which-one-is-worse/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/27/the-mer-drag-or-the-behaviour-gap-drag-which-one-is-worse/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 19:43:58 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Wealth Creation]]></category>
		<category><![CDATA[Buy and hold]]></category>
		<category><![CDATA[Exchange-traded fund]]></category>
		<category><![CDATA[Index fund]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Mutual fund]]></category>
		<category><![CDATA[QAIB]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1685</guid>
		<description><![CDATA[Which drag is more impactful on your returns, MER&#8217;s or the behaviour gap drag? In the last twelve months I cannot pick up a newspaper or read an article online in the financial press that doesn&#8217;t focus on fees. The point they make is simple, if you lower your fees your returns will be better so [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1685&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">GB</media:title>
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		<title>The Fallacy of Statistics</title>
		<link>http://gbgorr.wordpress.com/2012/01/25/the-fallacy-of-statistics/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/25/the-fallacy-of-statistics/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 21:09:49 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[The Basics]]></category>
		<category><![CDATA[Do it yourself]]></category>
		<category><![CDATA[Exchange-traded fund]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Mutual fund]]></category>
		<category><![CDATA[Registered Retirement Savings Plan]]></category>
		<category><![CDATA[RRSP]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1663</guid>
		<description><![CDATA[When it comes to investing and choosing investments there are certainly no shortage of statistics available to support a point of view. Print authors are quick to use them in articles that supposedly are written to help the average reader.  But do the articles really help? For example I was reading this in the Globe [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1663&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">GB</media:title>
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		<item>
		<title>Why our Present Self Destroys Our Future Self</title>
		<link>http://gbgorr.wordpress.com/2012/01/23/why-our-present-self-destroys-our-future-self/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/23/why-our-present-self-destroys-our-future-self/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 21:55:10 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Be]]></category>
		<category><![CDATA[Behaviour]]></category>
		<category><![CDATA[Retirement]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1642</guid>
		<description><![CDATA[In this wonderful video the author outlines an idea called a commitment device. Some of us call this a plan and our role is to be the first mate in his analogy. What does your future self look like? &#160; Filed under: Behavioral investing, Investing Tagged: Be, Behaviour, Investing, Retirement<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1642&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://gbgorr.wordpress.com/2012/01/23/why-our-present-self-destroys-our-future-self/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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			<media:title type="html">GB</media:title>
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		<item>
		<title>What You See is All There Is (WYSIATI)</title>
		<link>http://gbgorr.wordpress.com/2012/01/20/what-you-see-is-all-there-is-wysiati/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/20/what-you-see-is-all-there-is-wysiati/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 18:03:33 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Bias]]></category>
		<category><![CDATA[Daniel Kahneman]]></category>
		<category><![CDATA[Decision making]]></category>
		<category><![CDATA[intuition]]></category>
		<category><![CDATA[System 1]]></category>
		<category><![CDATA[Thinking Fast]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1619</guid>
		<description><![CDATA[We have all heard that term What You See is What You Get (wysiwyg) when it comes to websites and design. But when it comes to investing and decision making we need to understand a new term What You See is All There Is (wysiati). Understanding this principle allows you to make better investing decisions. Before [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1619&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://gbgorr.wordpress.com/2012/01/20/what-you-see-is-all-there-is-wysiati/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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			<media:title type="html">GB</media:title>
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			<media:title type="html">Muller-Lyer Illusion</media:title>
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		<title>In Search of Alpha</title>
		<link>http://gbgorr.wordpress.com/2012/01/11/in-search-of-alpha/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/11/in-search-of-alpha/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 19:58:13 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Wealth Creation]]></category>
		<category><![CDATA[alpha]]></category>
		<category><![CDATA[Asset allocation]]></category>
		<category><![CDATA[benchmarks]]></category>
		<category><![CDATA[Beta]]></category>
		<category><![CDATA[Index fund]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1547</guid>
		<description><![CDATA[All investors want to own investments that have positive alpha. Numerous articles in the press have chronicled how few active managers have achieved positive alpha, performance beyond their respective benchmark. So the theory goes, because only about 20% can achieve it the better answer is to not seek alpha at all, but to invest in [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1547&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
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			<media:title type="html">GB</media:title>
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		<title>I Have Seen the Enemy and it is Us</title>
		<link>http://gbgorr.wordpress.com/2012/01/05/i-have-seen-the-enemy-and-it-is-us/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/05/i-have-seen-the-enemy-and-it-is-us/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 13:01:04 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[For Advisors]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Asset allocation]]></category>
		<category><![CDATA[Behavior]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Modern portfolio theory]]></category>
		<category><![CDATA[Mutual fund]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1482</guid>
		<description><![CDATA[How my practice turned upside down and why. I have been a financial advisor for 36 years.  During that time I have taken many courses to improve my knowledge, improve my ability to give advice, and attended countless hours of seminars and educational sessions every year. I have always felt working in a win-win method [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1482&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>7</slash:comments>
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		<title>How Often Should you Review your Portfolio&#8217;s Performance?</title>
		<link>http://gbgorr.wordpress.com/2012/01/02/how-often-should-you-review-your-portfolios-performance/</link>
		<comments>http://gbgorr.wordpress.com/2012/01/02/how-often-should-you-review-your-portfolios-performance/#comments</comments>
		<pubDate>Mon, 02 Jan 2012 17:43:57 +0000</pubDate>
		<dc:creator>Gary Gorr</dc:creator>
				<category><![CDATA[Behavioral investing]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Amos Tversky]]></category>
		<category><![CDATA[Daniel Kahneman]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Investor]]></category>
		<category><![CDATA[Portfolio (finance)]]></category>

		<guid isPermaLink="false">http://gbgorr.wordpress.com/?p=1446</guid>
		<description><![CDATA[Today there are no shortage of tools where investors can input the purchase price of their portfolio, the number of units or shares they own and have their account values updated daily.  Some are GlobeInvestor: My portfolio or Morningstar.Ca  On the surface this sounds like a good thing, daily updates, always knowing where you stand, but [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=gbgorr.wordpress.com&amp;blog=2909327&amp;post=1446&amp;subd=gbgorr&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
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			<media:title type="html">English: Value function in Prospect Theory, dr...</media:title>
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