How to Handle a Range-Bound Market
I’m often asked whether I’m bullish or bearish on a certain market. I always like to remind people that the market can actually go in three directions, listed in order from least painful to most painful: up, down, and sideways.
Fare Thee Well, Long Blockchain
It is with a heavy heart that we acknowledge the delisting of Long Blockchain, a stock that quickly became the poster child for Blockchain Bubblemania.
Habe Einen Backup Plan
We had a couple days in Munich last week before flying down to Palermo for Spring Break in Sicily. We also were blessed with yet another reminder of the importance of the well-crafted backup plan.
On Driving in Italy
We've fallen into a sort of daily routine for our Spring Break in Sicily. Lazy morning at home, load the car up around 10:00, go exploring. Lunch on the fly and a bonus gelato stop when we need a morale boost. With very little English spoken, every step of this journey has been an adventure. However, the most hair-rising and invigorating challenge has been driving in Sicily.
The Three Features of Technical Analysis
I was a guest speaker this week on MarketWatchers LIVE over at StockCharts.com. Tom Bowley and Erin Swenlin do a fantastic job breaking down the markets. Simple charts with powerful messages!
Awareness Does Not Equal Immunity
I've spoken often about behavioral biases and how to minimize their impact on your investment decisions. So if I'm so familiar with all of these biases, then I'm able to completely avoid them in my own investing, right? A recent interview with Professor Patricia Devine from the University of Wisconsin-Madison shows why the answer is a big "no."
Three Reasons That Markets Correct
With some healthy volatility returning to the markets, I've seen lots of commentaries speculating on the reasons for this correction. I thought it would be helpful to remind everyone that there are exactly three reasons why markets correct...
Nudges and Espresso
A funny thing happened this morning on the way to Starbucks. After dropping off my daughter Zoe at school, I drove my son Henry down the street toward our usual coffee shop. "Doppio espresso, that's what I want," I thought to myself as I looked happily at the gentle gray overhead...
Reviewing the Leaders of 2017
Being a mindful investor means you learn from the past, focus on the present, and plan for the future. One way to learn from the past is to review the top and bottom performing stocks over a certain time period and think about what you got right and what you may have missed.
Robots and Research
There is no doubt that automation and AI will continue to impact the financial industry in the coming years. But as I read about Wells Fargo using AI to rate stocks, three things came to mind that bring to light the benefits and the challenges of automating the research process...
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“Those who can not remember the past are condemned to repeat it.”