Being smart or stupid didn’t necessarily determine the outcome. It’s just the way things worked out.
Bearing too little risk is precisely how investors end up failing slowly.
Is the US stock market in another bubble? Yes.
All it takes is one small choice to compound into a large problem
There are always trade-offs. Risk never completely disappears.
Investors would be aghast if they realized how easy it is to become a financial “professional.”
You can always tell a rookie investor from a pro investor based on how they treat hindsight
Smart strategies that are worth promoting can work for many people and backfire on others
Financial planning is a compass, not a map.
Merrill Lynch and Morgan Stanley each have more assets than Schwab Fidelity and TD Ameritrade have in all RIA assets combined
Golf makes baseball look like WrestleMania.
I’m gonna go long whichever Michael shorts
When you fall in love with a player, you end up taking him where he doesn’t belong.
Great things happen when you give smart people focus and a due date
The NBA lottery has become NBA welfare
On Sunday September 8, the crew of Apollo 8 flew their T-38 jets from Houston to Cape Kennedy in Florida, checked in to the Holiday Inn at Cocoa Beach, and prepared to die.
Fortunes were being made and lost daily.