Investments Where You Can Influence the Outcome

“Every man gotta right to decide his own destiny.” –Bob Marley I recently read a blog post by venture capitalist Fred Wilson about how they focus on the company that they invest in, not necessarily the investment. One sentence really stuck out to me: Venture capital is one of those asset classes where you can […]

Lies, Damn Lies, and Anchors

“Above all, don’t lie to yourself. The man who lies to himself and listens to his own lie comes to a point that he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others.” –Fyodor Dostoyevsky “The best lies about me are the ones I told.” […]

Train a Monkey to Throw Darts or Pick the S&P 500 Index? A Look at 2014’s Performance

“Maybe life is random, but I doubt it.” –Steven Tyler There’s a news radio station in Fort Worth that has almost all of its daytime weekend programming related to money, investing, and personal finance. It’s almost like the programming folks at CNBC decided to take over this radio station on the weekend, because, unless the […]

Leave Forecasting to the Weatherman

“Prediction is very difficult, especially if it’s about the future.” –Nils Bohr “Weather forecast for tonight: dark.” –George Carlin As we saw in “Do You REALLY Know How You Would React if the Stock Market Dropped by 20 Percent,” the personal finance industry loves their risk tolerance questionnaires. They think that you’re going to be […]

Making Money in Your Investments Doesn’t Make You a Great Investor

“The one thing that unites all human beings, regardless of age, gender, religion, economic status, or ethnic background, is that, deep down inside, we all believe that we are above-average drivers.” –Dave Barry Do you think that you’re a good driver? You probably do. Why do you think that? You’ve probably only been in a […]

Peak to Peak Investing, or I’m Afraid I’m Investing at the Top!

“Running away will never make you free.” –Kenny Loggins “If you hold a cat by the tail you learn things you cannot learn any other way.” –Mark Twain Very recently, the S&P 500 surpassed a new high. Of course, in between the time this article is published and you read it, there may be a […]