Should decisions be judged based on their outcome? Or is there something more intrinsic about the quality of a decision?
Sometimes, deciding to go down a path and being proven wrong eventually can be disastrous. Other times, it is not taking a risky path that may be the worst thing to do.
Where do other people get their ideas from? What books have they read? Which are the most common books?
We are hardwired to think of money in different categories based on the purpose or context. At the same time, we are naturally afraid of losses of any type. These two biases greatly influence our investment decisions.
The word "meme" sounds like a Gen-z invention. However, its origin is an interesting story.
Volatility is an opportunity for long-term investors. And they must be prepared to take advantage of it.
Oh, the irony. An investor's private portfolio is public. But his public portfolio is private. My private market portfolio is here. And this is my current public market portfolio!
How long is long term?
Percentage returns are irrelevant if the invested amount is small to begin with. Position Sizing matters in wealth creation. What is not very intuitive is that there must be a minimum ticket size for all positions.
The game of golf is a very good analogy for the markets and investing behaviour.