On the difference between dollar losses and percentage losses and why direct experience is irreplaceable for you as an investor.
Nick Maggiulli
The Price of Admission
Some people think volatility is to be avoided. I illustrate that if you want to earn decent returns, volatility is a feature, not a bug, in stock markets.
Should You Take the Annuity or the Lump Sum?
Deciding whether to take an annuity or the lump sum can be a complex decision. I provide a clearer framework for analyzing the tradeoffs in this decision.
Are Smarter People Better Investors?
Do smarter people make better investors? In this piece I examine the data as to whether intelligence is predictive of investment success.
The Greatest Asset Bubble of All Time
What is the greatest asset bubble of all time? Using a specific set of criteria I narrow down the 7 best known bubbles in market history to crown a winner.
Being Wrong When You Get It Right
Have you ever been right about something when everyone else was wrong? This post discusses the difficulties of investing and being wrong when you are right.
The Goldilocks Zone of Personal Finance
Why do the poor and the rich have the most trouble dealing with their finances? This week I discuss the downsides of wealth and how to avoid them.
Not Efficient, But Effective
When it comes to communication, personal finances, and even war, sometimes the most efficient solution is not the most effective.
Stop the Financial Pornography!
I call out the financial media for normalizing exceptional financial circumstances (i.e. financial pornography) and address why it is here to stay.
Losing More Than a Bet
An eerie coincidence occurs the first time I ever attempt to write about my family’s history with gambling.
