Due to family schedule, I wasn’t able to record a Week In Review video…instead, I thought I’d share an old video I recorded with Leo that I find fitting given all of the narratives surrounding the elections and what might happen as a result–we talk about controlling what we can control.
Morgan Housel: When Things Get Wild “Every past decline looks like an opportunity, every future decline looks like a risk.”
A Wealth Of Common Sense: Tiny Improvements, Big Results “Most people don’t even realize their poor habits aren’t just causing them to miss out on the improvements that can be seen by implementing good habits, but their bad habits are effectively compounding against them in the wrong direction.”
Casey Mullooly: Mental Warfare “Whether you worry about your health, your investments, or something else, just know that it’s okay and 100% natural.”
Above The Market: Flirting With The Disinterested “Ultimately, a financial advisor’s job is to provide clients what they need – not just what they want – even if they aren’t interested in it”
James Clear: Absolute Success Is Luck. Relative Success Is Hard Work. “As outcomes become more extreme, the role of luck increases.”
Stephen Nelson: Your Overlooked Edge “Don’t speak like everyone else, speak how you speak. You’ll stand out.”
Of Dollars And Data: The McRib Effect “While we will likely never have the ability to predict the future of chaotic systems (i.e. the stock market), if we stay cognizant of the inherent difficulties in assigning causality, we stand a better chance of understanding what is true”
Douglas Boneparth: A Dark Corner “Then there are the financial professionals that have chosen a less strategic (and dignified) approach to social media marketing. They are the self-proclaimed “financial advisors” and insurance professionals that lurk inside your local Facebook groups.”
The Irrelevant Investor: Learning The Wrong Lessons “The way I think about protecting ourselves against these risks is to diversify away from your home country and to implement a rules-based risk management system that will protect you from selling at the point of maximum pain.’
The Belle Curve: What If Your Goal Isn’t The Max “A much lower threshold of savings provides an adequate retirement income stream'”
Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining to your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimer page.