Returns! Being obsessed with returns is probably the most underrated weakness of the investor. Does it make sense to look at short-term returns? I believe not. I’ve found it makes more sense to talk about whether we’re on track rather
I could sit here tonight and write about what the markets will do tomorrow. There’s a good chance that what I write will be correct. And if I was right, would you attribute that to brilliance or luck? We would
It’s interesting that, by majority, we feel really intelligent. Most of us believe that we are above average in our thought processes and how we make decisions. Yet, this over-reliance on our own thought processes is what has caused the
In a prior post, I compared the journey of our lives to that of a bus trip, and discussed how important it is to assess who we’ve invited to join us. Those on our bus can either add energy to,
The other day someone challenged my wisdom, or at least what I was proposing, and declared it to be irrelevant to young people – those under 45. Maybe because what I believe in, whether regarding my Christian faith or money, isn’t
What did you do with your tax refund? Do you remember? With every dollar, we have only four choices; spend, save, invest, or to give it away. So where did it all go? A couple of months ago, I saw
How often are we misled by our desire to feel good? How many times do we make decisions to satisfy our short-term wants only to sacrifice our ability to achieve long-term success? When we hire someone to provide a service,
The other day someone asked me, why don’t we invest in wind power or some other new energy rather than old energy, such as oil, gas or petroleum products that right now are substantially profitable? Why don’t we put the
Isn’t happiness built on optimism? After all, aren’t we happier if we believe our spouse loves us, that we are good at what we do, and that we make a difference in the lives of others? We can’t always know