The Eye of the Beholder
How can two groups of people see the same exact facts, the same reality, yet come to polar opposite conclusions?
The Best Interest »
stock market
The Oldest Bad Joke on Wall Street
It’s that time of year again. The Wall Street wizards look in their crystal balls at the next year of stock performance.
What Long-Term Stock Returns Should I Assume in My Plan?
People in the retirement planning community (especially online) do not have the right mental models long-term stock market returns.
Moneyball’s Essential Stock Market Lesson
An overemphasis on statistics leads to poor conclusions and poor decisions. When numbers replace thought, bad outcomes abound. It certainly happens in investing.
Path Dependence: A Lesson for New Investors
The path to a result is as important as the result itself. It makes a world of difference to new investors.
Timing the Future Market: CAPE vs. Future Returns
Can the current CAPE ratio help us predict the future stock market return?!