Tag Archives: Porziņģis

Latvian Talent in NYC and Beyond…

Kristaps Porziņģis isn’t the only exceptionally talented Latvian in New York right now. Kristīne Opolais has been killing it at the Met. You don’t often read about opera singers in ‘The Economist’!

LINK

What’s more, her husband Andris Nelsons just won a Grammy for ‘Best Orchestral Performance’:

LINK

Thankfully, there is still an abundance of musical talent in Latvia. The Latvian National Opera is as good a venue as any to check it out:

LINK

Opera theater in Riga

read more

Kristaps Porziņģis, Knicks Fans and Behavioral Finance

In this post, Josh Brown delivers a mea culpa on behalf of Knicks fans regarding their initial negative reaction to their team drafting Kristaps Porziņģis.

Brown draws parallels to how we as investors anchor our perceptions and reactions to our previous experiences (availability bias). Moreover, he explains how we most often give into gut reactions that we presume to be logical and well thought out, when they are actually not (first level thinking -vs- second level thinking).

There are a few more things that I would like to add. Brown makes note of Knicks fans wanting to ‘win now’. This is not something that is exclusive to New York or to sports fans in general. Everyone wants to win, and they don’t just want to win ‘now’, they want to win all of the time. Investing is no different.

read more