Weekend Review

Weekend Review September 27, 2020

Tweets of The Week Favorite Articles Josh Brown: How big a drawdown can you survive? “It’s not enough to be smart. Everyone’s smart. Investing is about endurance and the ability to withstand large drawdowns from time to time without panicking. Buffett says “The most important quality for an investor is temperament, not intellect.” Morgan Housel: A Few Rules “Behavior is hard…

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Weekend Review

Weekend Review September 20, 2020

Tweets of The Week Favorite Articles Blair DuQuesnayl: Book: My Husband is a Robinhood Trader– “Sometimes it is fun to live a little. Just remember that speculation is different than investing. The potential outcomes are wider with speculation, and that includes both to the upside and the downside. Unfortunately there is no way to calculate the portion of any investor’s…

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Weekend Review

Weekend Review September 13, 2020

Tweets of The Week Favorite Articles Morgan Housel: Book: The Psychology of Money– “There are people with no financial training or background who do well with money. There are also partners at Goldman Sachs with PhDs in economics who go bankrupt. That kind of gap between knowledge and results does not exist in any other field. And the mere fact…

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Weekend Review

Weekend Review September 7, 2020

Tweets of The Week Favorite Articles Morgan Housel: Save Like A Pessimist, Invest Like An Optimist– “If the odds are in your favor and you can keep them in your favor for a long time, you shouldn’t just be an optimist. You should be a ridiculous, full-blown, giddy optimistic. Which is also what history tells us, isn’t it? All good investing…

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Weekend Review

Weekend Review August 30, 2020

Tweets of The Week Favorite Articles Todd Tresidder: What Endurance Athletes Can Teach Us About Building Wealth– “Endurance running and wealth building are both character driven activities that require goal setting, focus, commitment, perseverance, and good old fashioned hard work. It takes a lot of commitment and a deep sense of purpose to reach your potential in wealth building and endurance sports—especially…

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Weekend Review

Weekend Review August 23, 2020

Tweets of The Week Favorite Articles Morgan Housel: Overcoming Your Demons– “Inside of every struggle is the seed of some of the happiest moments of your life. The psychology of happiness tells us there’s less than a dozen things that bring people lasting joy. One of them is progress in what you’re pursuing. The more progress, the more happiness.“ Amyr Rocha…

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Weekend Review

Weekend Review August 16, 2020

Tweets of The Week Favorite Articles Johns Hopkins: Stay the Course with Personal Finances during Pandemic – “If you’re committed to a long-term passive investing strategy (as most of us should be), my advice remains the same: Stay the course! Don’t chase speculative investments. Continue to make your regular monthly contributions to retirement plans and maintain a focus on well-diversified,…

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Weekend Review

Weekend Review August 9, 2020

Tweets of The Week Favorite Articles Morgan Housel: What Always Changes – “Another is that you’re likely to let your guard down, using success as an excuse to abandon some of the paranoid focus that helped you in the first place. You’re likely to become locked into a single view, unwilling to abandon what’s worked even as the world evolves.And…

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Weekend Review

Weekend Review August 2, 2020

Tweets of The Week Favorite Articles Morgan Housel: The Ugly Scramble– “To the patient investor with a ton of cash, a huge market decline requires no immediate action. And not because it doesn’t affect them – it often does – but because however it affects them can be dealt with slowly and methodically. Maybe they realize they want a more…

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Weekend Review

Weekend Review July 26, 2020

Tweets of The Week Favorite Articles Morgan Housel: Here We Are: 5 Stories That Got Us To Now– “One is that the lifestyle of legitimately wealthy people inflates the aspirations of lower-income families, pushing them towards funding an equivalent lifestyle that can only be achieved with ever-growing amounts of debt. This is true for everything from houses to cars to college…

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