Author Archives: Jonathan Smith
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
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
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
Stability Breeds Instability
Playing at the sand and water table Two summers ago, Justin’s oldest daughter, three year-old Grayson, discovered the Fisher Price Sand and Water Table and life hasn’t looked the same since. This little 2′ x 4′ table, as the name … Continue reading
What Investors Really Want
Jonathan here. “What led you to write this book,” I asked Meir Statman, Glenn Klimek Professor of Finance at the Leavey School of Business, Santa Clara University and Visiting Professor at Tilburg University in the Netherlands, referring to his gem of … Continue reading
The great lane change-up
(Originally published October 15, 2010) One Friday in October, I drove down to Charlotte with Anne and a dear friend to attend a black tie dinner celebrating the 25th anniversary of the Western Carolina Chapter of the Alzheimer’s Association. Having seen … Continue reading
QE2
NPR’s Adam Davidson and Alex Blumberg put the cookies on the bottom shelf in their demystification of Quantitative Easing, “really one of the more impressive financial phrases out there, impressive for the distance between how boring it sounds and how dramatic it … Continue reading
Opportunity Arriving Daily
Sir John Templeton, Jonathan Smith, and William H. Barnhardt Douglas Airport, Charlotte, NC sometime in August 1987 Photographer: J. David Barnhardt During the 1980’s, I had the unalloyed privilege of managing some money for the late Sir John Templeton. Every … Continue reading
Today’s headlines are rarely the same as what history’s judgement is going to be
Photo courtesy FaceBook Jonathan here: Went to Stamey’s for a late lunch, all by myself. I was really looking forward to three four things: a world class hot dog all the way (that’s mustard, chili, onions, and Cole slaw for … Continue reading
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 →