The Rational Reminder Podcast · Thursday, July 2, 2026
Ben Wilson highlights the difference in perspective between a portfolio manager implementing a strategy and a DIY investor. He notes that professionals, like Dan Bortolotti, have established processes to avoid biases like 'analysis paralysis' or avoiding rebalancing due to market jitters, which can impact individual investors.
“One difference between you answering that question and a DIY investor answering that question is that you are, this is your job to implement the portfolio and rebalance and all that stuff. And you're not going to have the same biases that an individual would have about, you know, should you invest this new money or not. You've got that more professional perspective.”
“I mean, obviously, I'm subject to the same kind of anxiety about markets as anybody else, but we have a process. I'm not going to not rebalance because I'm jittery about it. We have a process that we adhere to. So that implementation gap is probably a lot smaller if you have a portfolio manager at the wheel.”