As Casey recently alluded to on an episode of the Mullooly Asset Show, when it comes to investing, getting out is easy, it’s getting back in that’s the hard part. In fact, I’d go so far as to say it may be the most difficult decision in finance. Nobody wants to jump back in just…
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A Newfound Appreciation for Risk
Given the lightning speed with which we’ve seen the market both decline and recover in 2020, there’s been every opportunity to feel the full spectrum of investing emotions. From despondency to euphoria, we’ve felt it all. Considering this, many investors may now be wondering if the market’s near round-trip is the perfect chance to realign…
Redundancy Prevents Catastrophe
It seems absurd that designing parachutes is just as complicated as making rockets. How could the time spent on a mostly nylon device come anywhere close to that spent on the towering cylinders we launch into outer space? It’s not from lack of effort either. We’ve spent more than 500 years tinkering with parachutes, from…
One-Way Doors
After last Sunday’s Chiefs-Patriots game, NFL referees took some heat for a call they made (what else is new). Officials incorrectly called N’Keal Harry out of bounds before he dove for the pylon on what would have been a crucial touchdown. I assure you that I have not lost any sleep over this call, as…
Context is King
“Eat food. Not too much. Mostly plants.” This somewhat well-known quote is from a NY Times Magazine piece written by Michael Pollan in 2007. Many know Pollan for, among other things, railing against something called nutritionism. Nutritionism is the idea that the key to understanding food’s impact on our health lies in isolating its individual…
“I Need Behavioral Coaching”…Said No One, Ever
According to a recent Morningstar study, investors do not perceive behavioral coaching from their advisor as a compelling value add. On a list of fourteen other attributes, “helps me stay in control of my emotions” was ranked dead last by the 693 investors surveyed about an advisor’s value. This sentiment is directly opposed to how…