To conform is human. During the Stone Age, our ancestors learned to fit in with their tribe. If they didn’t adopt the tribal culture, they were banished. Being banished was essentially a death sentence, so humans learned that fitting in was a pretty solid survival technique. This desire to conform has since baked itself into… [Read More] Don’t Invest Like the Rest
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.
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: Even Grandma Wants In On The Action”
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 The Four to the idiom shared above. Galloway says in The… [Read More] Embrace the Uncertainty
Last Friday, Netflix released the highly anticipated Stranger Things 2. In the show a group of middle schoolers start to investigate the disappearance of one of their friends, Will Byers. Their investigation leads to the discovery of some dark secrets. Most importantly, they discover another dimension exists in their town, which they call the “Upside… [Read More] Escaping the Financial “Upside Down”
During the American Revolutionary War, the British Army and the American colonists faced off in the Battle of Bunker Hill. After plenty of combat, the Americans retreated, so technically, the British army won the battle. However, they endured far more casualties than the Americans. Additionally, most historians agree that the experience fundamentally changed the British… [Read More] The Battle vs. The War
Thirty years ago on this day, the Dow Jones plunged by 22.6% in a single trading session. 508 points. As a young broker at the time, I was there and took panicking phone calls. But now, thirty years after the event, I’d like to share a few points: I’m still here. And so are you.… [Read More] 1987 and Perspectives About Your Investment Lifespan