Unfortunate Investing Traits
Napoleon’s definition of a military genius was “The man who can do the average thing when everyone else around him is losing his mind.” What he meant, I think, is that most wars are lost rather than won. The final outcome is driven more by one side’s blunder than the other’s brilliance. One screw up […]
Personal Finance Philosophies
It can happen to you. Job loss, divorce, a string of disastrous investments, succumbing to your emotional flaws, being a victim of fraud, getting hit by a risk you didn’t see coming – to people in good financial shape these tend to be viewed as things that happen “to other people.” But they can happen [...]