09 Nov The Weekend Starts Here....
This first piece made me smile, because it’s a great example of how we, as investors, often struggle to understand causality. On the face of it, the example given in this piece is ludicrous, right? And yet…. https://twitter.com/dollarsanddata/status/1060552747068604416 Spooky or what? 😊 [4 min read] [Nick Maggiulli]
Risk doesn’t just apply to your investment portfolio. “The message is that real risk is always around, but no one rings a bell to let you know it’s about to change your life.” A thought-provoking piece [3 min read] [Steve Sivak]
“There is a certain point beyond which new information does not affect how you see the world. “I remember when” is more powerful than new information.” Our earliest experiences cast long shadows, especially when it comes to investing. [4 min read] [Michael Batnick]
I clearly went wrong with my career choices in life. Had I known the job of ‘Chief of Disguise’ at the CIA existed, my life could have been so different . Fascinating video on what it takes to protect agents in the field. [9:25 video]
“…when you hear that “the market” was up or down or sideways or crashing or skyrocketing, what you should really hear is “some subset of the investable universe, defined by a random committee or group.” Investing is hard [4 min read] [James Osborne]
“There’s still a lot of folks in our line of work that tell people what they want to hear, instead of what they need to hear. And that’s when you need a dutch uncle.” [3 min read] [Tom Mullooly]
How do passive investors really behave, compared to their active counterparts? [3 min read] [Robin Powell]
“Competing against people who don’t even know you exist, or fighting the voice in your head telling you aren’t good enough, is a recipe for unhappiness. “ [3 min read] [Tadas Viskanta]
The title of this next piece originally caught my eye because I confess, I was slightly addicted to Tetris in the 1990s, but the actual post got me thinking much more than I’d anticipated. [3 min read – + 3:50 video which is also interesting]
And finally. Who says dogs don’t understand what we’re saying to them? [0:59 video]
Whatever you’re up to this weekend, I hope it’s a good one.