Viewpoint of ‘Cautiously Optimistic’ is Useless

I find it interesting that a lot of market pundits will state that they are [...]

Weathering the Storm With Greater Conviction

We have had quite a volatile start to 2022, and there is no assurance the [...]

Will a Recession Occur? The Best Response to That Question

Investors love to spend an insane amount of time and energy on things that are [...]

Chasing Performance, Fueled by Hope

Whether we want to admit it or not, we are impacted by past performance. The [...]

The Downside of Managing Risk

Risk management is an often used term in the financial industry, by providers of financial [...]

Signaling Your Value Through Your Fee Schedule

The majority of advisors charge clients using an asset under management (AUM) fee schedule. This [...]

There is a Crypto Bubble, But Not Where You Think

Crypto currencies started gaining widespread attention when Bitcoin made its first parabolic move to $2,000 [...]

How Behavioral Biases Crushed Peloton’s Business

Peloton did amazingly well during the pandemic. Now the company is facing financial hardship and [...]

Why Don’t We Tip at McDonald’s?

Tips have been ingrained in certain segments of American culture for decades. Tips have historically [...]

Some Thoughts on Thinking

Thinking is something we do all the time; sometimes without even recognizing it. Yet, we [...]

Robinhood – The Perils of Hype & Hope

In August of last year I wrote about Robinhood going public. In particular I questioned [...]

Is Bitcoin the Modern-Day MySpace?

Over the past few years Bitcoin and other cryptocurrencies have experienced significant moves to the [...]

Barron’s Experts Show Their Wealth Destroying Advice…Again

Every year Barron’s comes out with their annual roundtable of economic and stock market strategists [...]

Investment Illusions – New Book Available Now

Over the holidays, I published my new book, Investment Illusions: 12 Common Illusions That Can [...]

Everything is Transitory

I recently read a fantastic article in the Wall Street Journal on how Biden seems [...]

Discount Gas, Lines & Valuing Ourselves

Last week my wife and I pulled into Costco and were amazed at the line [...]

Why Probability is So Difficult For Our Brains

My new book is nearing completion. INVESTMENT ILLUSIONS: 12 Common Illusions That Can Sabotage Your [...]

Three Valuable Investment Lessons From Zillow’s Folly

Zillow recently made headlines (and lost over a quarter of their market value) by announcing [...]

Mindful Decision Making

Last week I attended the Advisor Group ConnectED conference in Las Vegas. I both spoke [...]

Unintentional Deception

Trust is perhaps the most important quality for any enduring relationship. Whether that relationship is [...]

The Illusion of Information

I have finished writing the manuscript for: INVESTMENT ILLUSIONS: 12 Common Illusions That Can Sabotage [...]

Is There Anywhere to Hide?

For decades the stock and bond market have both performed exceptionally well…often at the same [...]

The Illusion of Rationality

I am just finishing up writing a new book on behavioral finance and investing. I [...]

Prospective Hindsight Helped Me Be a Better Dad

Prospective hindsight is the act of placing yourself in the future and looking back. Such [...]

No Thanks Uber, I’ll Take a Taxi

There has been a lot of news about Lyft and Uber trying to persuade drivers [...]