What Josh does with his own savings.
Behavioral Finance/Psychology
The 7 Deadly Sins of Investing
What are the seven deadly sins of investing? Many of the questions we get from investors revolve around one of these seven mistakes that, if left unchecked, could doom a long-term investing portfolio or retirement plan.
Civilians
“I read this thing, it must be important.”
Fama vs Shiller: Are markets efficient or not?
The two men drastically disagree about what drives asset prices
Get used to it
“Hey, you’re that guy from CNBC right?”
Whoever is winning at the moment will always seem to be invincible.
Technology stocks around the world, from Spotify to Amazon to Mercado Libre, seem invincible at the moment. Is this just the recency bias?
Charlie Munger on Commission-Based Brokers and Bankers
“this goddamn broker who was married to the adopted daughter, he just churned the old guy until he was broke. He was blind! He was his own father-in-law!”
What Wall Street Doesn’t Want You To Know About Risk
The willing acceptance of stock market volatility is the only path for most investors for being able to pay for a comfortable retirement decades from now.
why Tesla is a better short at lower prices
The company’s investor cult is as dug in and entrenched as its army of critics and shortsellers. There’s no stock like it in terms of the bipolarity of opinions.
Three Reasons You’re Never Satisfied
Michael and Ben were talking about a new study they’d read at The Atlantic about how no one is happy with the amount of money they have, up and down the scale. The conclusion of the piece is that pretty much everyone says they’d be contented if they only had 2 to 3 times more…
