After a two day stretch of 70-75 degree weather here in New Jersey, mean reversion has REALLY kicked in. It immediately snapped back to the 40’s and the rain and wind surely are not helping either. Even though it happens every year, it always amazes me the polarizing swings you see in March/April. Here’s what… [Read More] Tim’s Top Links – 4/16/18
When success tanks, it’s easy to blame it on competitive disadvantages. However, that might not be the cause. At its root, the failure may rest on a closed mind – a proud mind that is not able to stay flexible and learn even with a lot of experience. Staying humble and remembering why there was… [Read More] Why Competitive Advantages Die
The Mets, despite their 10-1 start, were dealt a bit of blow this morning learning that catcher Kevin Plawecki has broken his hand just a day after learning Travis d’Arnaud has a partially torn UCL. Their top 2 catchers out for a while. However, the Mets have a young catcher ready to go and step… [Read More] Tim’s Top Links – 4/13/18
Time Stamp 0:54 – ‘How much am I really paying in fees for my investments?’ How Much Are YOU Paying In Fees? – Transcript Tom Mullooly: In episode 84, we’re going to break down the math behind your investments. Welcome to the Mullooly Asset Show. I’m your host, Tom Mullooly, and this is episode… [Read More] How Much Are YOU Paying In Fees?
I had the pleasure of speaking with one of my very close friends, Kenny Taylor from Casino Pier in Seaside, on this week’s episode of Living With Money. You can find the link below. We talked about the difficulties of rebuilding the boardwalk in Seaside after Hurricane Sandy, as well as working his way up… [Read More] Tim’s Top Links – 4/12/18
Gambling and investing are both a drug born on the unpredictability of rewards. Predictable outcomes and rewards for actions are bringers of contentment, but the knowledge of a reward coming at an uncertain time is excitement. Studies with rats and pigeons confirm theories about the obsession of both receiving the reward and the dopamine levels… [Read More] The Thrill of Uncertainty