FIRE & Bogleheads Have a Selection Bias Issue
“Unreliable conclusions because the analyzed group [FIRE, Bogleheads] differs significantly from the population [everyone else].”
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Jesse Cramer
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
Fewer Needles, Bigger Haystack
A few eye-opening study shows just how challenging it is to pick individual stocks (and win). The “haystack” is 96% a waste of time.
Flour, Water, Stocks, and Bonds
Any portfolio – but especially a retirement portfolio – needs four vital, distinct ingredients. Here’s what you need to know.
The Stunning Power of Being a Tiny Bit Better Than Average
How can you beat 99% of the competition when you’re only a little better than average?
Trump Accounts: Not As Good As Advertised
How do the new Trump Accounts work, and should you contribute your dollars to them?
A River in Egypt…
But I know how prevalent denial is. For my own sake and for many other workers’ sake, I hope A.I. is more a worker’s friend than foe.