You’re wrong so I’m right
When is the best time to rebalance your portfolio? The short answer, it doesn’t matter.
Reducing bias, winter versus ice age, the first thing to go in a panic, and much more.
Is it possible that the stock market bottom is in as the economy continues to worsen?
On today’s show we talk about
-The unemployment report
-How we feel when the market goes up or down big
-What’s priced in?
-The best books about financial panics, and much more
Why the stock market rallies on bad news
The best books that I’ve read about financial panics.
With investing, less is more because every decision you make makes the next one harder.
Yesterday was the best day for stocks since 1933. Last Monday was the worst day since Black Monday in 1987. The volatility has been absolutely dizzying. What the hell is going on? Market professionals know this all too well, but the average citizen watching this might think the market is broken. The market is not…
On this week’s show we discuss hindsight bias when the crisis is over, impressive measures by other countries, turmoil in the bond markets, will we get a new generation of Depression babies, the need for fiscal stimulus and more.