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Tim’s Top Links – 6/23/17

June 23, 2017 by Timothy Mullooly

timAs a follow up to a recent article I published about the MLB All-Star game, I’d like to point out that Kyle Schwarber has been sent down to AAA.  He is currently 8th in the National League outfielder voting ranks.  A TRIPLE-A PLAYER IS RANKED 8th!  Clearly, this is 100% a popularity contest, and 0% a performance-based event.  Not to mention, Schwarber was out all of last season with a torn ACL, and only returned to have a few great weeks in the postseason.  Apparently, a few great WEEKS is enough to earn millions of votes the following season.  Let this be a lesson to you investors.  Past short-term results should NOT be the basis for “voting” an investment into your portfolio.  It’s not a popularity contest.

Here’s what I’ve been reading this morning:

‘The Reasonable Formation of Unreasonable Things’ – Morgan Housel – Collaborative Fund

‘Opposite Day’ – Josh Brown – The Reformed Broker

‘Rule Number 1 In Investing’ – Charlie Bilello – Pension Partners

‘They Can’t All Be That Smart’ – Christopher Meredith – Cutting Through Noise

‘How I Stopped ‘Awfulizing’ Retirement’ – Jonathan Look, Next Avenue – Forbes

ENJOY!

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The information on this website and blog do not involve the rendering of personalized investment advice. A professional advisor should be consulted before implementing any of the options presented. None of the content contained in this website should be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.

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