I’m fascinated with financial market history because learning about prior cycles gives you a sense about how some things never change while others are in a constant state of flux. It’s both always and never different this time. This week I read a number of thought-provoking pieces that discussed market history in terms of where…

“The biggest investing errors come not from factors that are informational or analytical, but from those that are psychological.” – Howard Marks In John Templeton’s timeless 16 rules for Investment Success (published in 1933) he states: “The investor who says, ‘This time is different,’ when in fact it’s virtually a repeat of an earlier situation, has…