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 .... Read More
Every investor is playing a game.
The only question is this.
Which scoreboard are you looking at?
Most people spend their investing lives staring at the scoreboard on .... Read More
The key mental challenge is holding a diversified portfolio and watching some investments underperform every year.
Every investor loves the idea of diversification. It sounds wi.... Read More
Look at this sketch carefully.
On top is a smooth upward line.
It is labeled, “What I can handle.”
General resilience.
Below it is chaos.
Sharp falls.
Sudden spik.... Read More
Albert Einstein once made a sobering observation. "The ordinary human being does not live long enough to draw any substantial benefit from his own experience. And no one, it seems,.... Read More
In investing and in life, there is one distinction that separates people who build lasting wealth from those who simply perform for the crowd.
Warren Buffett calls it the Inner .... Read More
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