We can’t focus every day on reading the news and saying, “OH MY GOD, THE WORLD IS GOING TO DIE!” That is not useful and it’s not even true. Media companies make…
We can’t focus every day on reading the news and saying, “OH MY GOD, THE WORLD IS GOING TO DIE!” That is not useful and it’s not even true. Media companies make money scaring you. Politicians stay in office (or get into office) by assuming the worst case and hoping for the best so they […]
I’ve been afraid like this on three different occasions (and I’m sure this is true for many people): 9/11, the financial crisis, and now this coronavirus crisis. These things happened in each…
I’ve been afraid like this on three different occasions (and I’m sure this is true for many people): 9/11, the financial crisis, and now this coronavirus crisis. These things happened in each crisis: People thought it was “the end of the world” as we knew it. A “new normal.” The “world is forever changed,” etc. […]
A lot of people are asking, “Should I buy now? Is it the bottom?” or, “What is the ONE stock I should buy right now?” The answer to both questions is… “I…
A lot of people are asking, “Should I buy now? Is it the bottom?” or, “What is the ONE stock I should buy right now?” The answer to both questions is… “I can’t answer that.” If I were still daytrading I might have a different answer. BUT… for long-term investing: 9% UP days are just […]
The main conversations in the media (and on social media) seem to be: How many people will die? How should we stock up in case of shortages? How can we protect ourselves?…
The main conversations in the media (and on social media) seem to be: How many people will die? How should we stock up in case of shortages? How can we protect ourselves? How will the economy be affected? What is the difference between this and other pandemics? WHAT IS THE R NAUGHT???! Will we be […]
We see this every time. Every. Single. Time. Something unknown happens. The worst-case scenario is assumed. People behave irrationally in a panic. A billion arguments happen on Twitter and Facebook while the…
We see this every time. Every. Single. Time. Something unknown happens. The worst-case scenario is assumed. People behave irrationally in a panic. A billion arguments happen on Twitter and Facebook while the market collapses. Then… more knowledge is gained. Uncertainty is resolved. People calm down. The market recovers. And we move onto the next crisis […]
