We’ve all seen a chart that looks like this:
Success in life is a combination of luck and skill, but it’s tough to figure out when one plays a bigger role. Michael Mauboussin’s The Success Equation unravels the two so we can make better decisions in a complex world. Here are my main takeaways of the book.
Hedging sounds smart. But does it work? This post analyzes bonds, gold, trend, and puts during stock market corrections.
Emma Seppala’s book on the science of happiness has a number of useful takeaways for investors.
An analysis of how much the average advisor truly costs and what it means for future returns.