“Every bubble has two components: an underlying trend that prevails in reality and a misconception relating to that trend.”
Behavioral Finance/Psychology
Value Creation
All of the value creation for investors comes from the actions they take in falling markets, not rising ones
I Collect Cashflows
Been doing it since my late teens.
Zeikel’s Rules
This is all you really need to know.
Love, Dad
Focus on what you can control
a little perspective may be in order.
The worst thing you could do right now
Now what?
Use it
No one should have an allocation that keeps them from sleeping with the S&P 500 only a few percent off an all-time high.
The new Fear and Greed
You can practically feel it in the air.
A message to my new class of Milestone Rewards clients
Just to give you some sense of who these 22 families are…
The taper, when it comes, will feel like a relief
Come the stock and bond price correction, it will feel like a gift.