Some random thoughts about markets and investing I’ve been thinking about lately: The fear of missing out and the joy of missing out are two sides of the same coin. In bull markets, you feel like an idiot for not going all-in on the highest of high fliers. In bear markets, that FOMO quickly turns…
Behavioral Finance/Psychology
Don’t Try to Get Rich Twice
Building wealth vs. conserving wealth.
Why Are There So Many Cheaters These Days?
Sam Bankman-Fried, Jordan Belfort, Adam Neumann, Anna Delvey, Elizabeth Holmes, Travis Kalanick and cheating running rampant.
Sam Bankman-Fried vs. The Match King
The similarities between Ivar Kreuger and Sam Bankman Fried.
What a Stock Market Bottom Looks Like
There’s an old saying that they don’t ring a bell for you at the top. I know this to be true because investors spent more than 10 years during the bull market of the 2010s calling everything they saw a top. The regime changes are rarely obvious until after the fact. The same is true…
What is the Fed Doing?
WTF is the Fed thinking?
It’s OK to Be Bearish But It’s Not OK to Stay Bearish
How to think about investing during a prolonged bear market.
Why People Make Dumb Financial Decisions on Purpose
Probabilities vs. the real world when it comes to big money decisions.
Narrative Always Follows Price in the Markets
Similarities between magic and the stock market.
Ben’s 4 Common Sense Rules of Investing
4 simple rules for investing.
