Retirement is one of the most complex topics in investing. This post simplifies the process to focus on what matters the most.
How to Invest a Lump Sum
When investing a lump sum of money, it is better to do it all at once than to dollar cost average into the market. Here’s why.
The Cognitive Aristocracy
With evidence of a growing cognitive divide in society, what should we do to mitigate this problem, if anything?
Even God Couldn’t Beat Dollar-Cost Averaging
A market timing strategy rarely outperforms dollar cost averaging even when that strategy knows exactly when to buy.
One Big Thing
Reducing complexity can be powerful for understanding larger systems. Come find out the importance of knowing one big thing.
Fickle Fortune
On the upsides and downsides of luck in investing and in life.
Beware the Gatekeeper
Confirmation bias is one of the most powerful human biases. A story from my personal life illustrates why.
The Price of Greed
How to Think About Wanting More Photo: Pixabay The man who once made cotton the most traded commodity on Earth didn’t make any money off of it. Eli Whitney, the creator of the cotton gin, got a little too greedy. After building a device that could extract cotton while leaving behind the seeds, Whitney went into…
The Rise After the Fall
Post-Traumatic Growth in Life and Markets Photo: Pixabay Janine Shepard was on a training bike ride in the Blue Mountains 100km northwest of Sydney, Australia when her life changed forever. She was riding with her fellow cross-country ski teammates in preparation for the 1988 winter Olympics when a speeding utility truck hit her off her…
Kind or Hostile
The Most Important Decision You Can Make Every Day Photo: Pixabay I was recently listening to the 100th episode of the Michael Kitces podcast with Joe Duran to learn about how Duran used data analytics to help build and scale a $24 billion wealth management firm. However, it wasn’t the machine learning or the data-driven decision…
