We Are So Irrational (Literally) About Taxes
If you’re looking for a real-world laboratory to understand “behavioral finance,” then tax season might be the perfect choice.
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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
But They *ALL* Sound Smart
When everyone sounds smart, you need to have a different filter to determine good vs. bad vs. ugly.
FIRE & Bogleheads Have a Selection Bias Issue
“Unreliable conclusions because the analyzed group [FIRE, Bogleheads] differs significantly from the population [everyone else].”
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?