“Know Thyself” is one of the ancient Delphic aphorisms inscribed on the Temple of Apollo at Delphi, Greece. Philosopher Socrates went a step further. He said, “The unexamined life is not worthRead More…
The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. -Peter Lynch
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. -Ayn Rand
The Dow dropped 603 points on Friday, a 2% decline for January’s final session, still leaving the index priced at over 28,000. Because of the record highs in almost every index, specificallyRead More…
Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people’s failures, but it gets much more firmly seared in when they areRead More…
A “melt up,” seems a lot better than a melt down, right? A melt up is a dramatic increase in stock market performance (especially late in the cycle) driven by stampeding investorsRead More…
“Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to “time” market movements, inadequate diversification, the payment of high and unnecessary feesRead More…
Mirror, mirror on the wall, who’s the most overconfident of them all? Do you recognize any of the following examples of investment behaviors? Overconfidence. “Hey, I beat the market! For like a wholeRead More…
I have enough money to live comfortably for the rest of my life. If I die by Friday. -Anon
Burger King sells 2.1 billion original Whoppers each year, and the new Impossible (meat free) Whopper will cost $1 more, meaning that if they can convert half of those sales to theRead More…