How Did Wall Street’s “Smartest Investors” Fare in 2018?
Every year Barron’s gets together a roundtable of “Wall Street’s Smartest Investors” to make stock [...]
Jan
Why We Own What We Own
The beginning of the year is an opportune time to review the investments our clients [...]
Jan
Three Perspectives on Volatility to Share With Clients
On October 25th, I posted some coaching perspectives on volatility in The Behavioral Finance Network. This [...]
Dec
Index Funds Can and Likely Will Underperform
Underperformance is a relative term. Compared to what? When times are good, we generally compare [...]
Dec
When Refinancing to a Higher Rate is a Good Idea
Never. I could end my blog there, but I think it is interesting to understand [...]
Nov
“This is Who I Am” is Anti-Progress
There seems to be an overall empowerment and acceptance of the statement, “This is who [...]
Oct
Why Advisors Need to Pay Greater Attention to Fees
Advisors are beginning to pay more attention to fees, and acknowledging that they are an [...]
Sep
When Erroneous Models Produce Better Results
Several weeks ago Jason Zweig wrote about an erroneous and failed model employed in the [...]
Sep
Averages Are Misleading & Dangerous to Investors
We use averages a lot in the business of investing and financial planning. Two of [...]
Sep
The Challenge of Engaging Others
There may be some truth to the saying, “dog is man’s best friend.” Maybe that’s [...]
Aug
When a Respected Investor Becomes a Fearmonger
On April 5, 2018 Jack Bogle, founder of Vanguard, and a very respected investor said, [...]
May
With Uncertainty, Process Always Trumps Outcomes
The markets are filled with uncertainty and most investors are focused on short-term outcomes. This [...]
Apr
When Both Rational & Irrational Investors Sell
I recently read an article in Barron’s that discussed why rational investors may sell in [...]
Apr
Treating Your Investments Like Private Equity
Private equity consists of investments in private (non-traded) companies. They are often available through limited [...]
Mar
Passive Investing vs. Passive Investor
Over the past several years, investors and experts have debated passive vs active investing. Passive [...]
Feb
Goodbye Roboadvisors, Hello Roboallocators
Ever since Roboadvisors came into existence, I questioned their true purpose. They marketed themselves as [...]
Feb
The Melt-Up, Overconfidence & Confirmation Bias
What is a Melt Up? 90 Sec Video The Overconfidence Bias [...]
Feb
A Reliable Forecast for 2018
I’m not going to waste your time providing a specific forecast. I could create a [...]
Jan
Casinos & Media – Distorting Your Reality For Their Gain
Reality. In many cases there is an absolute reality or truth, but how we act [...]
Nov
I Almost Cried For You Argentina
Sometimes you just get lucky. My trip to Argentina was possible due to luck on [...]
Oct
How the Media Hijacked Your Mind in September
“Wait, What? I don’t think so! How could the media hijack my mind? I am [...]
Oct
What a NYC Cabbie Said That Made Me So Mad
The following experience is a great reminder of how important it is to change our [...]
Sep
When Your POS Isn’t a PoS
I recently attended a Mastermind Conference in Toronto in which we discussed our individual Personal [...]
Sep
If Money Doesn’t Buy Happiness, What Does?
For centuries mankind has been searching for happiness. Regardless of culture, social status or beliefs [...]
Aug