What Determines How Well Any Portfolio Performs?
I have been thinking about an intriguing issue: Where do returns come from? No, not which Fama-French factors are a source of...
News is Old
Via Mark Rzepczynski, we get a brilliant reminder that the issues concerning most investors are for the most part, not surprises to Mr....
Retirement Pyramid 2.0
Source: A Teachable Moment Genius, from Tony Isola: this is a simple, understandable guide to money that should be referenced...
Special Investigation Timelines, 1973-Present
Share this with the next person who complains the Mueller investigation is taking too long . . . How Mueller’s First Year...
Mr. Market is “Your Needs” Agnostic
The Markets Don’t Care About Your Wants or Needs Thinking outside the box probably is a mistake. Bloomberg, May 18, 2018 ...
Adventures in Behavioral Finance, Points Edition
I had an interesting discussion yesterday with Bill Sweet, our CFO. Given my interest in all things behavioral economics, it is worth...
We Should Fail Better
There’s a Right Way and a Wrong Way to Fail The options are: openly examine past mistakes and learn to avoid a reckoning – or...
Algebra of Happiness
Good Genes Are Nice, But Joy Is Better,” The Harvard Gazette, April 2017 What’s the equation for a life well lived?...
Do you know what you don’t know?
A Tweetstorm That Every Investor Should Read A Wall Street veteran makes the case for acknowledging our ignorance. Bloomberg, May 11,...
Shark vs. Mosquito Deaths
Source: Gates Notes I cannot begin to tell you how much this chart resonates with me — it goes straight into my...