Book Summary of The Crisis of Crowding
Risk typically stems from concrete things we can point to, like recessions or political change. Crowding behavior is less visible and this book explains how it amplifies market volatility.
The Faulty Assumption Behind 3 Scary Charts
This post explores the common thread between charts on valuations, economic expansions, and expected returns.
When High Yield Isn’t High: After-Tax ETF Returns
A look at the true returns of popular ETFs held in taxable accounts.
The Most Deceiving Chart for Stock Investors
We’ve all seen a chart that looks like this:
Book Summary of The Success Equation
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.
