What's your strongest belief about investing? Did you come to that conclusion independently or do you believe it because other people do too? Belief formation is a fascinating topic covered extensively in Yuval Noah Harari's, "Sapiens". So much of the world we know...
(Initially) I began writing this post when the Dow Jones was down 300 points on January 30, 2018. The previous day (January 29th), the Dow was down 177 points. Through January 30, 2018, the Dow Jones had not seen a 1% drop in 111 days, one of the longest runs in...
In "car speak," the term "negative equity" exists when you owe more than your car is worth. We all value our own automobiles much higher than a dealer will often take in a trade. But it's what happens at "trade-in time" that can spell doom for your personal finances....
As I'm writing this post, the Dow Jones is down 300 points. Yesterday, January 29th, the Dow was down 177 points. Let's keep this all in perspective. Our friends at Dorsey Wright & Associates remind us the market typically generates a 5% pullback between three...
January 2018 is a good time to take a quick minute to recap how things are going. Occasionally it’s smart to make a mental ‘progress report’, so to speak, on where the market is and how people are behaving. The Global Economic Crisis of 2008 is now ten years behind...
On a recent episode of Hidden Brain, host Shankar Vedantam discusses a book by Alison Gopnik called The Gardener and the Carpenter. Alison uses an analogy between gardeners and carpenters to explain modern approaches to parenting. To summarize: Carpenters have the...
Is Bitcoin a currency? Is Bitcoin simply an asset? Who will ultimately be right about Bitcoin? Kevin O'Leary, from the TV show Shark Tank and also Chairman of O Shares ETF's recently commented about Bitcoin, and the trouble he ran into when trying to pay for something...
With most charts, your eyes scan from left to right. But not this one. Look all the way to the left to see the mania we call today "Bitcoin" Chart originally appeared in the Wall Street Journal, November 29, 2017 in the article titled "Bitcoin Mania:...
You can't take a swim without getting wet. I recently finished reading Professor Scott Galloway's, The Four. If a deep dive into Amazon, Apple, Facebook, and Google sounds intriguing to you, definitely check the book out. I'm actually going to relate a passage from...
I don’t know about all of you, but getting a smartphone changed my life. Sure, I had social media accounts before I had a smartphone, but my activity on those sites SKYROCKETED once I had the apps right on my phone. I always told myself, “When I get an iPhone, I’m...
