There is a lot of financial garbage published regularly on what investors think the Federal Reserve is going to do. Everyone seems to have an opinion on this except the Fed.
This is the unvarnished truth. And there is no other way to put it.
The bear case always sounds intelligent in real time. It uses complex words. It quotes macro data. It predicts doom with confidence. It is wrapped in logic and delivered with c.... Read More
Most investors believe their biggest enemy is market volatility.
It is not.
The real enemy is the overlap you see in this sketch.
Unclear goals on one side.
Financial.... Read More
Alfred Nobel once wrote, “Contentment is the only real wealth.”
At first glance, it sounds like a philosopher’s line: poetic, soft, maybe even impractical.
But stand in my .... Read More
Control.
Every investor wants it.
Control over outcomes.
Control over markets.
Control over returns.
But here is the paradox. The more you try to control, the less control you ac.... Read More
Morgan Housel shares a telling story in his book The Art of Spending Money.“Entrepreneur David Siegel once built a 90,000 sq. ft. house in Florida. Asked why he was building suc.... Read More
The stock market is famously long-term generous.History shows it rewards patience, discipline, and a good plan like almost nothing else can.But in the short term? It’s famously u.... Read More
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