A couple years ago I read an article about a new online brokerage firm that was geared towards young people called Robinhood. How many people do you know who get a gym membership in January, go for a couple weeks and then never go again for the rest of the year (while still dutifully paying their membership dues as if they’ll return some day)?gym market membership money pay Robinhood stock trade users young
Your Money & Your Brain by Jason Zweig is my favorite book on human behavior so I’m constantly sourcing, re-reading and using material from the research.
The main focal point is how the brain affects financial decisions but it’s obvious the material goes beyond money matters.book brain conscious financial investment money parts re reflexive Zweig
It’s hard to believe but it’s now been 10 years since the first rumblings began prior to the Great Financial Crisis. This is hard to do when you see your friends making money on an individual stock or fund as the fear of missing out (FOMO) can be difficult to avoid.crisis financial goals hard investment investors market plan portfolio quant
It’s much easier to come up with the reasons for a bear market after the fact so I like the idea of thinking these things through beforehand, even if it’s impossible to predict the future. Predicting a recession is no easier than predicting the peak in equities, but the majority of the worst stock market sell-offs throughout history have occurred around economic contractions.crash economic gain inflation investors market reason recession stock yield
A few weeks ago I wrote that I’m optimistic about the future of the finance industry. Maybe this is the value investor in me talking because expectations are so low following the financial crisis but I’m especially bullish on young people in finance.brand care changing clients culture finance financial generation young Younger
It seems like every week I see another survey about how ill-prepared the baby boomer generation is for retirement. Obviously, these figures don’t account for things like inflation, taxes, fees, behavioral issues, etc.asset baby boomer crisis financial market money prepared retirement returns saving
I remember reading an article at the start of 2013 that concluded, “This market reeks of euphoria.” The S&P 500 is up around 90% since then. In the financial markets, this makes it harder than ever to gauge investor sentiment.crash difficult gauge index indicator investors market sentiment tail volatility
I remember reading The Accidental Billionaires just after it came out in 2009 or so and being blown away by the back story of how Facebook was founded (This is the book the movie Social Network was based on).
After reading about the drama surrounding the founding of the company in a Harvard dorm room I would never have guessed Facebook would so quickly grow to become one of the largest public companies in the world.Big facebook gain investors IPO outsized public returns stock volatility
For those working in the financial industry or managing money for other people, the final piece of the puzzle is having the ability to effectively communicate your thoughts, ideas and philosophy in a way that others can understand. Desai uses classic literature, philosophy, movies and history to provide a different perspective on a wide variety of financial subjects.Bell burner cell diversification finance financial game phone police risks shows
In a recent piece, I discussed why it’s not that out of the ordinary for a handful of stocks to account for a large portion of the stock market’s gains.
Ned Davis Research wrote a piece a few years ago that showed from 1972 to 2013 the S&P 500 was up close to 5000% but if you would have owned just the biggest stock in the index every year you would have only gained around 400%.Big biggest companies gains market ordinary piece stock top years
The mid-to-late 1990s in Major League Baseball saw a huge uptick in home runs as steroid use became rampant.
Everyone has heard the boilerplate disclaimer from the investment profession: past performance is not an indicator of future results.fund investing investment investors money past performance performance returns strategy venture
The current market environment is a tough one to handicap. On the other hand, the “most hated bull market of all-time” continues to charge higher, causing valuations and investor allocations to stocks to go far above their long-term averages.current environment flashing handicap long market side term time tough
A friend recently asked for some advice about his investment portfolio.
As my friend and colleague Michael Batnick likes to say, “bad things happen in bad markets.” This means that volatility is typically heightened during a sell-off when investors panic, as they are prone to do.bear drawdown index leverage leveraged ETF market strategy type UPRO volatility
Some day I’ll tell my kids how we used to have to listen to talk radio in the morning, wait for a DJ/VJ to play our favorite song/video or buy an entire album when we liked a couple songs by an artist.
I know it’s hip for all the cool kids to look down on Malcolm Gladwell for some reason these days but his podcast is so good.episode faster favorite found listen listening podcast Radio song speed