August 2016

Moving The Goalposts

One of the most common ways to distort the truth in investing is to move the goal posts. For example,  Commodities are a great investment; From 2000 through the middle of 2008, they returned 231%, compounding at 15% a year. Over that time the S&P 500 earned nothing. See, by cherry picking the data, you’re not…

Your Money & Your Brain

The first investing book I ever read was The Intelligent Investor, the one that is updated with Jason Zweig’s commentary. And since that time, I have read and learned more from Jason Zweig than anybody else alive. But it wasn’t until recently that I first read his book Your Money & Your Brain. I wasn’t…