“If you spend 13 minutes a year trying to predict the economy, you have wasted 10 minutes.” – Peter Lynch Many investors assume that the stock market anticipates economic developments. Or that the latest GDP number has a huge effect on the market’s movements. Over the long term there is virtually zero correlation between the…

“Human decision-making is complex. On our own, our tendency to yield to short-term temptations, and even to addictions, may be too strong for our rational, long-term planning.” – Peter Singer “Truly successful decision-making relies on a balance between deliberate and instinctive thinking.” – Malcolm Gladwell We all like to think that we are good at…

“By choosing to place asset allocation at the center of the investment process, investors ground the decision-making framework on the stable foundation of long-term policy actions. Focus on asset allocation relegates market timing and security selection decisions to the background, reducing the degree to which investment results depend on mercurial, unreliable factors. Selecting the asset…

We all try to overthink things in life.  We try to make the easy more complex because we think that if it were easy, everyone would be doing it.  When it comes to your investing do not overthink it.  Simple is almost always better in the long run.  If you try to make your process…

“The investor’s chief problem – and even his worst enemy – is likely to be himself.” – Benjamin Graham When I got out of college and started my first job in the investment world I had a great foundation of education in finance, business, accounting, and economics.  My first job was at a consulting firm…