“Those of you who make investments outside of any retirement accounts are absolutely crazy if you are using actively managed funds rather than ETFs.” Suze…
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Why are ETFs Tax-Efficient?
What Are Reasonable Return Expectations?
“Reality will pay you back in equal proportion to your delusion.” - Will Smith, actor & musician Stanley Druckenmiller is one of the most successful investors of his generation. During his time running Duquesne Capital (1981 – 2010), he never...
read moreAn Investor’s Two Most Powerful Weapons
“It might make sense to hedge some of your equity risk.” – Toby Weber, Pure Portfolios “I’m 72 years old. Why would I spend my…
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Why Trend Following Could Make Sense for Retirees
“To be uncertain is to be uncomfortable, but to be certain is to be ridiculous.” – Michael W. Covel, American author. Most investors have heard…
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Taking Cues from the Market
“In the end, how your investment behaves is much less important than how you behave.” – Benjamin Graham, famous investor Much had changed, but nothing…
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Intoxicated with Pessimism
“Optimism sounds like a sales pitch. Pessimism sounds like someone is trying to help you.” – Morgan Housel, The Collaborative Fund Bill has financial freedom….
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Avoiding Stupidity is Underrated
“All I want to know is where I’m going to die, so I’ll never go there.” – Charlie Munger, Berkshire Hathaway Let’s say you’re having…
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It’s Been Too Easy
“Expectation is the root of all heartache.” – William Shakespeare Under promise, over deliver. The universal mental shortcut for managing expectations. Set the bar low,…
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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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