What are the odds that you'll win the lottery, be in an automobile accident, make market beating investments, or get a divorce? We're all capable of making educated guesses regarding the probability of these events, but how likely would we be to update our predictions...
Is "settlement date" the right time to determine whether you've made the right move in your portfolio? After all, one of Wall Street's oldest sayings is the "best trades are profitable right from the start." But is two days after the trade (settlement date) the right...
(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...
Why would anybody pay someone to evaluate their financial situation and not be truthful with that person? It seems like a waste of time, money and effort. Yet, we're all guilty of doing this exact thing! We all go to various professionals for help several times a...
Last week, I read about a Netflix algorithm update that's changing the way they serve program images to customers. In addition to curating your Netflix feed based on what you've previously watched, Netflix will now be showing unique program images that are also based...
When we begin working with new clients, we try our best to explain investing is (to some small degree) a participation sport. Clients need to be involved! And for the most part, clients get it. I'd like to believe we do a good job of explaining what's needed and we...
My dad used to tell me before my baseball games, "ya know Case, you play baseball against yourself". I didn't really get it at first. But the more he said it and explained it to me, the more I understood. You play baseball to the best of your abilities. If you do...
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...
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...
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:...
