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 [...]

Why We Own What We Own

The beginning of the year is an opportune time to review the investments our clients [...]

Three Perspectives on Volatility to Share With Clients

On October 25th, I posted some coaching perspectives on volatility in The Behavioral Finance Network.  This [...]

Index Funds Can and Likely Will Underperform

Underperformance is a relative term. Compared to what? When times are good, we generally compare [...]

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 [...]

“This is Who I Am” is Anti-Progress

There seems to be an overall empowerment and acceptance of the statement, “This is who [...]

Why Advisors Need to Pay Greater Attention to Fees

Advisors are beginning to pay more attention to fees, and acknowledging that they are an [...]

When Erroneous Models Produce Better Results

Several weeks ago Jason Zweig wrote about an erroneous and failed model employed in the [...]

Averages Are Misleading & Dangerous to Investors

We use averages a lot in the business of investing and financial planning. Two of [...]

The Challenge of Engaging Others

There may be some truth to the saying, “dog is man’s best friend.” Maybe that’s [...]

When a Respected Investor Becomes a Fearmonger

On April 5, 2018 Jack Bogle, founder of Vanguard, and a very respected investor said, [...]

With Uncertainty, Process Always Trumps Outcomes

The markets are filled with uncertainty and most investors are focused on short-term outcomes. This [...]

When Both Rational & Irrational Investors Sell

I recently read an article in Barron’s that discussed why rational investors may sell in [...]

Treating Your Investments Like Private Equity

Private equity consists of investments in private (non-traded) companies. They are often available through limited [...]

Passive Investing vs. Passive Investor

Over the past several years, investors and experts have debated passive vs active investing. Passive [...]

Goodbye Roboadvisors, Hello Roboallocators

Ever since Roboadvisors came into existence, I questioned their true purpose. They marketed themselves as [...]

The Melt-Up, Overconfidence & Confirmation Bias

    What is a Melt Up? 90 Sec Video     The Overconfidence Bias [...]

A Reliable Forecast for 2018

I’m not going to waste your time providing a specific forecast. I could create a [...]

Dow 1,000,000

The Dow just breached the 24,000 level. So where will it go from here? I [...]

Casinos & Media – Distorting Your Reality For Their Gain

Reality. In many cases there is an absolute reality or truth, but how we act [...]

I Almost Cried For You Argentina

Sometimes you just get lucky. My trip to Argentina was possible due to luck on [...]

How the Media Hijacked Your Mind in September

“Wait, What? I don’t think so! How could the media hijack my mind? I am [...]

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 [...]

When Your POS Isn’t a PoS

I recently attended a Mastermind Conference in Toronto in which we discussed our individual Personal [...]

If Money Doesn’t Buy Happiness, What Does?

For centuries mankind has been searching for happiness. Regardless of culture, social status or beliefs [...]