I grew up a Knicks fan on Long Island. Even though the Nets (and Dr. J) played in my backyard, my heart was with the Knicks. Bradley, Frazier, Reed, Earl (the Pearl), Phil Jackson (yes, THAT Phil Jackson), Dave DeBusschere. A lot has been written in the past 24 hours regarding the Knicks and their… [Read More] Knicks: No Game Plan?
We believe that an investor's behavior can seriously impact their market returns. This category page is dedicated to informing our readers of certain behaviors that are known to damage investor's returns over time. We also discuss strategies to avoiding these damaging behaviors.
The wise Yogi Berra once said that, “Baseball is 90% mental; the other half is physical”. Aside from a Hall of Fame career, Berra is best known for his entertaining “Yogi-isms”. Despite Yogi’s questionable math, baseball is indeed mental. Coincidentally, it was Berra’s teammate who invented one of baseball’s most mental tools. Yogi Berra’s fellow… [Read More] The Contrast Effect: Making the Same Things Feel Different
I’ve been working my way through the book ‘The Last Lecture’ by Randy Pausch. If you aren’t familiar with the story, let me catch you up quickly. Randy Pausch was a professor of computer science, among other subjects, at Carnegie Mellon. Pausch passed away from pancreatic cancer in 2008. After being told he only had… [Read More] The Park is OPEN Until 8pm
There are two sides to every story. Or, when it comes to the 1950 film, Rashomon, four sides. After its surprise Golden Lion victory at the 1951 Venice Film Festival, Rashomon took the world by storm. The small Japanese film was created by the now-revered director and screenwriter, Akira Kurosawa. Rashomon is a mystery about… [Read More] The Rashomon Effect: What To Do With Narratives
I’ve been attempting to teach myself how to play the guitar for about two years now. Between YouTube videos, online classes, and e-books, I’ve gotten to be OKAY. A few months ago, however, I felt I hit a wall with my progress. It was frustrating. Having essentially taught myself the drums 12 years ago, I… [Read More] Guitar Lessons and Robo-Advisors
Prepare for a hot take: the earth is a sphere. Now that I’ve lost all the flat-earthers, let me continue. Since the earth is a sphere, we cannot perfectly map its surface. Despite this, we’ve persisted in translating our three-dimensional world onto a variety of two-dimensional surfaces. We don’t really have a choice. In order… [Read More] Investment Cartography