Investing is based the hope that assets you buy (whatever they may be) will provide (much) more value in the long run than the amount paid to buy them. This is a…
Category: Books
The Life-Changing Power of Decision
Back at the beginning of 2008 I made a decision to exercise 5 days a week for at least 25 minutes. Before I made this decision, I was a some-of-the-time athlete. I…
Don’t Underestimate the 5% (Of Your Behavior That’s Not Automatic)
This morning I was on a jog, and I was listening to a YouTube video of Dr. James Lipton talking about the subconscious mind. He repeated a statistic I have repeatedly heard:…
It’s (Now More than Ever) Time to Develop Good Financial Habits
I just finished (yet another) personal finance book, this one David Bach’s “Start Late, Finish Rich.”* The book’s premise is that anyone—no matter their age or station in life–can get their financial…
The Habits that Save Me From Myself
A few days ago I wrote about my reading habit, and how I have read 145 books in the last 5 1/2 years, so many which were 500 pages or longer, etc…
Lessons on Freedom from the Extraordinary Benjamin Franklin
A few years ago I read Walter Isaacson’s biography of “Benjamin Franklin.” In the book*, Franklin impressed me as an amazing man who was unstoppable in pursuing every interest and project he…
The Indestructible Power of the “Slow and Steady” Approach
Over the weekend, my wife and I hung out with some of our neighbors in a “socially-distant” outdoor picnic in our backyard. We were spread out in our clusters–four different couples–and we…
The Return of the Return of the Daily Blogger
It’s June 1st, 2020, and I’m ba-ba-ba-back, baby! I blogged every day in April and decided to take May off. The allure of the daily blog called to me, though, and by…
Templeton and the Test of One’s Investing Mettle
“The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.”–Sir John Templeton Last summer I was curious to learn…
The Only Thing We Have to Fear…
In his excellent book “Your Money and Your Brain,” Jason Zweig writes with extensively-researched detail about the ways that strong human emotions (such as fear, greed, regret, and surprise) can distort our…