Why Trying and Failing is So Important
A person would do nothing if he waited until he could do it so well that no one would find fault with what he has done. - Cardinal Newman …
Dare to Suck
“The brick walls are there for a reason. The brick walls are not there to keep us out. The brick walls are there to give us a chance to show…
What is Risk?
Chris Hadfield is an amazing man and astronaut. Hadfield was the first Canadian astronaut to walk in space. He also flew on two space shuttle missions and served as commander…
The Wrong Side of the Tracks
You may not have noticed this odd fact before, but the dividing line in most cities between wealthy and poor neighborhoods is east and west. A large part of the…
Campfires and Group Texts
The next time you think that someone’s constant texting with friends will lead to a lack of communication skills, a zombie-like dependence on technology, and the ultimate downfall of society,…
Why All-time Market Highs are Nothing to Fear
In the 2014, updated edition of Jeremy Siegel’s classic investing tome, Stocks for The Long Run, Siegel shows the long-term growth of equity market returns, net of inflation, over the…
Terrible Timing Tim
Tim is a responsible fellow but has terrible timing. Although Tim is a diligent saver and investor, Tim’s investor behavior leaves much to be desired. However, Tim has still achieved…
Volatility is Very Different than Risk
Investing the stock market can be a volatile journey filled with many ups and downs. Even in a normal year, there can be a lot of worry and investor angst…
Everyone on TV is Selling Something
The enemy of long-term success in investment management is short-term thinking. Whether it’s something good or very bad, rarely does anything that happens today in the financial markets or economy…
Who Was Grace Groener?
I don’t know much about geology, but I do know that the growth of long-term wealth is the result of time, compounding, and patience. Just look at the curious case…