I spent some time Monday morning watching reactions to the stock market. Thanks to social media, everyone has a front row seat to the greatest sideshow on Earth – investor behavior. Monday did not disappoint.

I have two Twitter accounts, one for the site where I follow a wide range of financial types (broken into groups: top finance, financial advisors, value investors, and financial media. BTW, value investors were the most calm – well done!) and a personal account that follows non-finance folks. Continue Reading…

Everyone has their opinions and beliefs. Some are based on facts. Others are based on some aberration of our mind.

Investing is full of facts. The relentless stream of data can be used to argue anything. And it’s used to support every opinion possible because facts can say whatever you want them to say.

Your job and mine is to come to some consensus about what to believe or not. Below, I’ve laid out some of my own beliefs developed over the years. You can decide which is more opinion than fact.

Continue Reading…

Investing has a few basic truths we should accept: strategies require time and human nature often acts against our best interests.

Time is a dual problem – time required to do the work and time for the strategy to work. I’m dealing with the former which is the point of this post.

I’ve flirted with the idea of changing strategies over the past year. A lack of time gives me the excuse to move forward. Continue Reading…