Category Archives: Uncategorized

And How Would You Like That Performance Reported, Sir?

Justin here. This is a mock-up of something a retired investment advisor and friend of mine said he would put in front of clients. It is only halfway “tongue in cheek” and it brings up a good point about what … Continue reading

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Great Dinner Party Chatter – JP Morgan’s $2b TradingLoss

As Heidi Moore (@moorehn) explained on twitter today; she wrote a piece on the JP Morgan trading loss. How to understand it and even talk about it at a dinner party! A truly great piece of simple yet insightful financial journalism. JP Morgan’s … Continue reading

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Great Chart – Price Matters

Justin here. Here’s a fascinating chart on starting P/E’s and ensuing 20 yr returns. Take your pick, want to start with a PE of 23 or 8? Sunday Spectacle CLXXII | Can Turtles Fly?.

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Like New, Never Read!

A few years back, Amazon.com sent me a 50% discount coupon for one of John C. Bogle’s books, “John Bogle on Investing: The First 50 Years.”  The market was roaring back then and nobody wanted to read what old man Bogle had … Continue reading

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Jeremy Grantham’s “Notes to Myself”

Quarterly letters are usually cuter than they need to be (ours included). GMO’s Jeremy Grantham writes a great letter usually filled with analogies and backstories. But December’s turns out to just be his “Notes to Myself” and is insightful and … Continue reading

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Yesterday’s News…

Two great explanations… from Heidi Moore’s tumblr (Marketplace/NPR): http://moorehn.tumblr.com/post/13587522872/why-now-why-did-we-bail-out-european-banks-this-week (and when she says in the first paragraph “you should go read that first…” obey her). from Charles Rotblut, CFA (from AAII): http://www.aaii.com/investor-update    

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“If not for Veteran I have no place to come”

Two years ago, Jonathan went on the Triad Flight of Honor. I’m pretty sure it still ranks in the top 10 days of his life. He wrote his thoughts here and how being a guardian on that day reminded him … Continue reading

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Why a Checklist Won’t be Saving Your Life

“I’m Too Busy” and Other Things You Don’t Want to Hear Your Doctor Say Peter J. Pronovost, M.D. is an intensive care specialist physician at Johns Hopkins Hospital. In 2001, the nurses under Pronovost noticed that at least one of the … Continue reading

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She Toddles!

This past week, my fifteen month-old, Finley, started taking her first steps. She’s been a solid climber for months (we frequently find her on top of the dining room table or in the dishwasher) but she’s been a bit more … Continue reading

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Dog takes the pill but Cat takes the cake

I’m not immune from behavioral biases. Really, no one is. There’s no cure, either; the best you can hope for is to #1 understand how behavioral quirks effect us, #2 recognize them when they show up and #3 don’t let our biases … Continue reading

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