On the tradeoff between time and money and my biggest lesson learned in 2020.
On not meeting your financial goals, relative wealth, and happiness.
A list of the best investing books for every kind of investor.
On the impact of your psychology on your finances.
On the different definitions of risk, what kind of risk is the most important, and what you can do about it.
On the costs (or lack thereof) of being wrong about the future.
The best financial wisdom throughout the ages.
On the investor’s arms race and why this means that investing will never get easier.
On the difference between dollar losses and percentage losses and why direct experience is irreplaceable for you as an investor.
Do smarter people make better investors? In this piece I examine the data as to whether intelligence is predictive of investment success.