Long-term oriented investors know better than to extrapolate a rising rate trend in the short-term and trash their asset allocation over it.
Joshua M Brown
Basta
in a global market, no one should be surprised to see this sentiment spread into other markets, other asset classes.
Combatting F.O.M.B.E.Y.
In the time it takes you to read this blog post, Michael and Ben will have read three books each, the average CEO will have read eight books and Patrick O’Shaughnessy will have read ten books. In the video game we are playing – otherwise known as life in the twenty-teens – finished books are…
Extended Weekend Reading
Some great links for y’all
This Week on TRB
These were the most read posts on the site this week, in case you missed it:
Nine Surprising Things Jesse Livermore Said
We are fortunate to be able to learn from his mistakes and to sidestep the errors that eventually cost him everything.
A million reasons to hate bonds right now
Video!
Stocks prices are a proxy for our beliefs about the future
The recitation of a stock’s current valuation tells you absolutely nothing about its future price
New Animal Spirits: What it takes to be wealthy
Podcast
The Biggest Mistakes Business Owners Make with 401(k) Plans
Watch what you’re doing. A new video featuring Aaron Schumm and I.