On Being Wrong
Unless you experience the unpleasant symptoms of being wrong, your brain will never revise its models. Before your neurons can succeed,...
Nobody Knows Anything
Let’s Say It All Together: Nobody Knows Anything The primary elections are another case study in the futility of making...
What Do Overpriced Index Funds Tell Us About Market Efficiency?
Many traders and investors acts as if markets are efficient, meaning that asset prices fully reflect all available information. We see...
Importance of Fiduciary Standard
The other day, I discussed our inverted research business model. A client was discussing this with us, asking for an example of a topic...
Inverting Wall Street’s Research Business Model
Over the past few weeks, I have been highlighting all of the blog redesigns we have been rolling out in the office....
The 24-Hour Market News Cycle
Nice comments from Kiplingers about your humble scribe about the “Worst Mistakes Investors Will Make in This Market” You Get...
“What Buffett wouldn’t do”
Interesting column at Bloomberg asking “What Buffett wouldn’t do” Investing: Don’t be too fixated on daily moves in the stock...
Coming to MIT / Boston Area this week!
This week, I am giving a presentation at the MIT/Sloan Annual Investment Conference. They have a great line up, including...