These Are the Goods

Articles

When you realize the magnitude of happenstance and serendipity in your life, you can stop judging yourself on your outcomes and start focusing on your efforts

By Nick Maggiulli

Quantifying good advice can be difficult because there are no counterfactuals.

By Ben Carlson

Historical risks you can study are dwarfed by risks you actually experience.

By Morgan Housel

Conviction is relatively easy to define, but complicated to evaluate because it represents the convergence of portfolio construction decisions and investment outcomes.

By Ehren Stanhope

Wait, you bought Bitcoin before you bought stocks?!

By Phil Huber

I would argue that a smart beta process probably has more impact on price discovery than a flat, buy‑everything indexing strategy.

With Dave Nadig and Paul Kovarsky

Spotify could be the next horseman.

By Scott Galloway

Since mid-March, the S&P 500 Energy sector is up close to 15% while the S&P 500 is down less than 1%.

By Eddy Elfenbein

Some advisors are afraid to lose business, so they indulge any investment whims clients have.

By Tony Isola

It’s easy to pick a future loser by choosing current winners

By Dan Egan

Becky Hammon can coach NBA basketball. Period.

By Pau Gasol

Podcasts

Anyone that doesn’t believe that most of life is learning from your failures just doesn’t quite get it.

With Ted Seides and Paul Black

There’s a linear relationship between effort and outcome in private markets.

With Patrick O’Shaughnessy and Jason Karp

Community adjusted EBITDA. Sure, why not?

With me and Ben

Michael needed everything that Scottie was

With Bill Simmons and David Griffin

My first recommendation was to short Baldwin United.

With Barry Ritholtz and Jim Chanos

Books

Disneyland will never be completed. It will continue to grow as long as there is imagination left in the world.

By Bob Thomas