Month: April 2026
-
Adding Friction to your life
Sometimes it pays to slow down. Other times, it pays to speed up. This is the concept of friction. Some things are easy. Some things are hard. Usually, the things which are bad for you are easy. The things which are good for you are hard. This is where we should flip the script. Make…
-
More
The hardest financial skill is getting the goalpost to stop moving. Morgan Housel Do you know what social class is the largest? It’s the upper middle class. It stretches from the rich, to the richer, to the richest. Yet everyone in this group thinks they are upper middle class. People who are classified as Ultra…
-
How “Golden Handcuffs” Kill Your Portfolio
Investors should “stay the course” and not sell out when the market dips. But of course, investors do the opposite and sell out when the market dips. Why do we do that? Patrick Adams highlights that we have a real risk in our spending habits in his latest paper. Simply put, it is harder than…
-
The most harmful belief is “this time is different”
The problem is that it’s always true. This time is indeed different. But that doesn’t mean we should change our decisions. In times of good Sir John Templeton said that “this time is different” were the four most expensive words in the English Dictionary. The current theme is of course, AI. AI will change the…