Why we fail

It was Halloween night in San Francisco. A man was rushed into the emergency room at a hospital. Based on reports from the Emergency team that brought him in, he had been at a costume party and got into a fight. Apart from being drunk and babbling, he seemed fine as the trauma team used shears to cut off his clothes to examine him from head to toe, front and back. They found a two inch stab wound in his belly. The mustard yellow strip of fat hanging out of the wound indicated it was from the abdomen and not the superficial

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Election fever and deciding when to buy

In the fire hydrant post, I mentioned how every potential investor is inundated with a barrage of news / opinions / techniques to do his investing. It doesn’t help that financial news editors like using words like “surge” and “plunge” for routine market movements in their headlines. In addition, the investor has to contend with the enemy within – Mr. Market who exhorts him to jump in with both feet when markets rise and to dump everything when they drop. The Calm Investor doesn’t let the noise or his own biases stampede him into thinking of the stock market as a casino in Las

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