On the expectation of losses and how to deal with them.
Which Portfolio is Right for You?
On the risk-reward tradeoff and the difficulty of predicting the future.
Why You Should Invest in Stocks
A different framework for thinking about equity investing and why you should invest in the stock market.
Talk is Cheap
On words versus actions and the power of revealed preferences.
Who Feels Rich Really?
On relative wealth and why most people feel like they don’t have enough.
The Average Net Worth by Age and Education Level
On the average net worth by age and education and why you need both for proper financial comparisons.
Death of a Value Investor
On the difficult path forward for value investors.
Has the Dust Settled Yet?
On buying stocks after big rallies.
The Flight to Safety
On the movement to cash and what it means for markets.
The Craziest Month in Stock Market History
Quantifying just how crazy March 2020 was for the stock market and investors.
Was That the Bottom?
On false rallies and the disconnect between the stock market and the economy.
Buying During a Crisis
A new framework for investing amid financial panic.
Should You Buy Stocks Now?
Answering the question of whether now is a good time to buy stocks based on one of the most useful market signals around.
How the Coronavirus Crash is Different From 2008
On return correlations and how the coronavirus crash looks different from 2008.
3 Things I Learned from the Coronavirus Crash
On self-quarantining, safe havens, and enjoying life after the panic.
The Worst Day of Our Investment Lives
On the difference between financial theory and financial reality.
How Stocks Perform After the Fed Cuts Rates
A historical analysis of U.S. stock returns and rate cuts by the Federal Reserve.
3 Reasons Why You Should Invest in Bonds
On the importance of fixed income and why you should invest in bonds.
What Happens Next?
A historical examination of short-term market declines after the worst pullback since August 2015.
Avoid the Zeros
On the power of avoiding negative behavior.
