Retirement Simplicity is Beautiful
“Life is really simple, but we insist on making it complicated.” – Confucius, Chinese philosopher My morning inbox routine, delete, delete, delete… “Boom in Securities-Based…
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Bear Market Feedback is Gold
“Investors’ mental models tend to be simple, based on recent history, an extrapolation of trends, and an overreliance on frameworks that worked recently.” – Dan Rasmussen, The Humble Investor Most people set goals with a desired outcome in mind. Getting...
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Not So Obvious
“Hindsight is 20/20.” – Richard Armour, American comedian What was unclear 12-18 months ago, looks clear as day now. I knew the market would come…
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Predicting Irrational Beasts
“We are emotional, irrational beasts who are emotional and irrational in predictable, pattern-filled ways.” – Chris Voss, author of Never Split the Difference. Stanley sold…
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Internal vs. External Focus
“Do not let what’s out of your control interfere with all the things you can control.” – John Wooden, legendary UCLA basketball coach. I have…
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The Difference Between Amateur and Professional Investors
“Amateurs believe that the world should work the way they want it to. Professionals realize that they have to work with the world as they…
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What the Treasury Market is Saying About Inflation
“Inflation is when you pay $15 for a $10 haircut you used to get for $5 when you had hair.” – Sam Ewing, retired professional…
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Shrinking Life Cycle of an S&P 500 Company
“I’d rather be partly great than entirely useless.” – Neal Shusterman, American author & writer. Let’s face it, it’s fun to buy individual stocks. Maybe…
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The Best Predictor of Stock Returns is Amazingly Simple
“The price of equity is determined in the same way that the price of everything is determined – via forces of supply and demand.” Jesse…
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The Biggest Risk to New Retirees
“Consider two degenerate gamblers flipping a quarter for $100 per flip. One of the gamblers has heads and the other has tails for the duration…
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