Avoiding Mediocrity

A fool and his money are soon parted, or so the proverb goes. I can’t think of anyone that has not heard some version of it and yet it surprises me still when I stumble across someone proposing to take you by the hand, leading you from the frying pan into the fire. And so it was that this past week I ran across two post within a day of each other, one advising you that you ain’t got what it takes to pick a stock so buy ETFs, and the other presenting a keeping-it-simple how-to.

When Canadians say “I’m sorry”, it’s followed by the word “asshole” in a pitch only other Canadians can hear — @lloydrang

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Repost: Why the Individual can Beat the Institution Every Time

Today, have a look at Thomas Beevers post Why the Individual can Beat the Institution Every Time; for all my ham-fisted rants, it is comforting to have an industry insider cite the common reasons for your mutual funds’ abysmal performance, and hence, why your chances to do better are so much greater.

Follow him; I do.

“What to do??”

Years ago I had a Russian on my team; endowed with great technical skills, he would still periodically find himself with a dilemma, perhaps with a choice of differing approaches to resolution. He would come to me and lay out the problem, describe the various solutions, Continue reading

Meditations, or, goin’ stoic on that Market

Whether you are a DIY investor, or currently still supporting an “advisor”, there comes a time – likely within 6 months of your most recent investment – that you find yourself doubting your sanity, or intelligence or stomach for all the excitement that Mr. Market has to offer. Continue reading