Investment psychology
Even if some people are able to outperform the market, most people are not.
Some readers will think my prior two posts — where I explained the… READ MORE ›
I am something of a heretic in the investment world, and many people believe that I am wrong. I think that, for most people, it is a complete waste of time to try to outperform the market. I even… READ MORE ›
What’s longevity risk? For many investors, it’s one of the most potent potential harms to their retirement security. Simply put: retirees are living longer and interest rates are creeping lower, leading to a significant risk that they will outlive… READ MORE ›
Golf aficionados likely caught the end of the recent British Open in which Adam Scott tragically gave up a four-stroke lead on the back nine. This chain of events caused me to reflect on the fragility of success. As… READ MORE ›