“The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would … assume an authority which could safely be trusted, not only to noRead More…
Beyond fear and greed, other powerful behavioral biases can be found in almost all investors, both private and professional, and are often exhibited by enduring habits and behaviors that are very difficultRead More…
We are taught early in our lives that we must become self-sufficient. In other words, don’t depend on someone else for things you should be doing for yourself. Good parenting includes preparingRead 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…
From Morningstar.com, a new “Mind the Gap” study shows that “investors continue to capture more of their returns than before.” This is the great news… Investments aren’t getting better, INVESTORS ARE GETTINGRead More…
In Bulls, Bears, Corrections and Crashes, Part 1 we examined the differences in various market stages. Part 2 is about putting together your to do lists. The Dow Jones Industrial Averages (DJIA) set 70 recordRead More…
Regular investors don’t need to have an encyclopedic mastery of every syllable of The Street’s colorful financial wordplay, but knowing the most important basic terms and concepts can add to a moreRead More…
There’s a lot of talk about recession these days, as if it were the first time we’d ever faced one. No, their not great, but we’ve been down this road before, 13Read More…
The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. -Peter Lynch
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…