Game of Thrones is one of the most popular shows on TV. I was a little late to the game, but hopped on the bandwagon in 2016 and haven’t looked back. One of my favorite moments from the show was an exchange between Daenerys Targaryen and Tyrion Lannister. Daenerys describes the ruling families of Westeros by… [Read More] Break the Wheel
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.
When trying to identify competitive advantages in life, we often look at the issue straight on. For example, we could outsmart our peers, be more creative than them, have better information, or just get luckier. All are possible, but may not be feasible or within our control. A different way to approach the issue is… [Read More] Go Where Nobody Else Will
The results from the first round of the MLB All-Star game voting were released this past week. When people think of an “all-star”, it makes sense to think the best players in the league would earn the right to represent their organization in the game. However, over the last few years, Major League Baseball has… [Read More] The MLB All-Star Game & Investment Choices
Will changing lanes while driving actually improve your performance, or get you closer to your goal faster? I often feel stymied when it’s time to put something on the website. It’s like being at a party, and someone says, “Tom, you are so funny, please tell us a joke.” It’s tough to produce on the… [Read More] Will Changing Lanes Improve Performance?
Overcommitting to something positive often becomes a net negative because the process and, in turn, the results tend to be unsustainable. We all know overnight success is a myth, but we still want to skip the process and get straight to the solution. Overcommitting to a drastic and immediate change feels like it solves our problem,… [Read More] Overcommitment Cannibalizes Lasting Success
I recently learned that UPS drivers and Derek Zoolander share something in common. They can’t turn left. If you remember, Zoolander wasn’t an “ambi-turner”. While UPS drivers can technically turn left if absolutely necessary, it’s frowned upon by management. A recent Quartz article looked into UPS’s no left turn policy. They shared how the small… [Read More] What Makes Something the “Best”