“Why would I own anything other than the S&P 500?” “I’m thinking of putting my entire retirement nest egg in the S&P 500 and calling…
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The Danger of Recency Bias in Investment Decisions
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...
read moreLet’s Freak Out About the Election (Seriously)
We have penned blog after blog how elections are a non-event in the grand scheme of your investment portfolio. We recorded a video outlining every…
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What’s NOT Going to Change in 10 years?
“When you have something that you know is true, even over the long term, you can afford to put a lot of energy into it.”…
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This Market Signal is Flashing Red
“If the average investor allocation to equities is abnormally high, then prices are probably abnormally high–the market’s probably expensive.” – Jesse Livermore, famous investor Let’s…
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Rate Cuts and Stock Returns
“Whoever controls the volume of money in any country is absolute master of all industry and commerce.” – James A. Garfield, 20th President of the…
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Characteristics of a Bull Market
“Bull markets ignore bad news, and any good news is reason for a further rally.” – Colm O’Shea, professor at New York University The latest…
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Market Correction Reflection
“The purpose of volatility is to make people make stupid decisions.” – Jared Dillion, The Daily Dirt Nap Yen carry trade Weak jobs report Fed…
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Picking Individual Stocks is Hard
“Owning individual stocks invites infinitely more behavioral hurdles than a simpler strategy. It’s easier to ignore index funds and ETFs. You can’t ignore individual stocks.”…
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Tale of Two Markets
“What you see is not what others see. We inhabit parallel worlds of perception, bounded by our interest and experience. What is obvious to some…
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