Don’t Ask, Can’t Tell

Our (lack of) self-awareness Let’s do a quick quiz to determine what makes you happy. Rate the following on a scale of 1 (very little) to 5 (a great deal) depending on how much each item causes your mood to fluctuate on any given day: How well your work day went Amount of sleep you got the preceding night How good your health is How good the weather is Whether you had sex Day of the week Now, if I were to then on a daily basis, ask you, how your day went, your response should have a relationship with your

Read more

Let your baby play in the mud or the value of experiments

Expert Advice or Who to believe Adapted from the book Mindware – Richard Nisbett We get it all the time. Advice meant to improve our careers, our children, our bodies, our lives. Only, a lot of it is often contradictory. And unlike twenty years ago when there were three national dailies, two television channels and 1 radio station,  there’s an unending stream (literally) of tweets with links to online self-improvement resources. It’s the same with investing. “Time to buy consumer staples” “Get out of commodities” “Cyclicals are the next mega trend” or even “Sell Everything!“, the warning from the good folks at RBS in

Read more