Practical analysis for investment professionals
emotional assets
Should You Invest in Emotional Assets? (Podcast)
There has been increasing interest in emotional assets, which include such luxury goods and collectibles as art, stamps, wine, and musical instruments. Recent research finds that emotional assets outperform government bonds, Treasury bills, and gold over the long run.
Weekend Reads for Advisers: Investing, Poker, and Retirement
This week I heard something that really stuck with me: "Follow your ignorance." It's a phrase that my colleague, Jason Voss, CFA, likes to use, and it's a mantra we all should adopt. Said another way, it could be: "Follow your curiosity."