“Understand that just as it is complicated to make things simple, it is simple to make things complicated as well.” – Anonymous

“Anyone who says that size does not hurt investment performance is selling. The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But I was investing peanuts then. It’s a huge structural advantage not to have a lot of money.” – Warren Buffett Yes, size…

“Have you ever noticed that anybody driving slower than you is an idiot, and anyone driving faster than you is a maniac?” – George Carlin

“Volatility can be a good thing for investors; be prepared to benefit from it. […] Political uncertainty – like any other form of uncertainty – can be your green light to move into a market.” – Mark Mobius Emerging Markets have been getting all of the financial headlines lately. Currency issues and political instability have…

“Individual investors predictably flock to stocks in companies that are in the news.” – Daniel Kahneman

“Understanding the irrationalities inherent to human nature is every bit as important as understanding how to read a balance sheet and an income statement.” – Robert Hagstom People make funny decisions with money sometimes. Here are three examples that I find fascinating and confusing yet not all that surprising. 1. Used Car Sales A group…

“The investor’s chief problem – and even his worst enemy – is likely to be himself.” – Benjamin Graham

A new study from Stanford University shows that households with higher levels of debt are much more sensitive to changes in income levels than those with lower debt loads. This seems obvious in hindsight, but households with a large buildup in debt were much more ill-prepared for declines in asset prices during the financial crisis…

“Think like an investor and not like an economist or politician.” – Richard Bernstein According to the National Bureau of Economic Research (NBER), since 1857, the U.S. has experienced 33 recessions that lasted an average of 17 months. That means that there’s been a recession in one out of every five years, on average. In…

“Hire an advisor because it is very hard to see the errors in your own behavior & it is easy to see the errors in someone else’s behavior.  Very few people need to hire advisors because of the size of their calculators.  They need an advisor to help them behave correctly.” – Carl Richards