How to Use Behavioral Finance in Asset Management, Part I
Over the decades, I have consumed the entire canon of Behavioral Finance, from Ariely to Kahneman to Thaler to Shiller and back. The...
All Hail the Counterfactual !
The Best Tool for Understanding the Market and Trump Consider the counterfactual. It puts this year’s paltry returns on stocks and the...
BBRG: Best Tool for Understanding the Market and Trump
The Best Tool for Understanding the Market and Trump Consider the counterfactual. It puts this year’s paltry returns on stocks and the...
Scott Galloway’s Ted Talk
Amazon, Apple, Facebook and Google are the four most influential companies on the planet. Just about everyone thinks they know how they...
Soft Knowledge
The STEM era is over. For twenty years we’ve experienced the denigration of the liberal arts. For twenty years we’ve been...
Our Exorbitant Privilege
“How do you guys have time to manage money, between tweeting and writing and tv and radio?” This...
No, Your iPhone Does Not Make You Wealthy
Most of Us Really Are Not Fabulously Rich The notion that government statistics vastly understate personal wealth is absurd. Bloomberg,...
Ignore the Millionaire Mindset; Try the Billionaire Behavior...
Never Mind the Millionaires. Here’s Advice From Billionaires. The richest offer life lessons about how they got where they are....
Vanguard Institutional Advisor’s Alpha
Light posting/tweeting today, as I am deep in Pennsylvania at the Vanguard Institutional Advisor’s Alpha in Malvern, discussing...