Category Archives: rational investing

When Emotions Get the "Worst" of Us

Dan Ariely is the James B. Duke Professor of Behavioral Economics at Duke University and author of the New York Times bestseller Predictably Irrational. And to my delight, one fortunate night last year, he was a friend who just happened … Continue reading

Posted in avoiding irrational decisions, Dan Ariely, Eduardo Andrade, Fiduciary, Fighting ShortTermism, Harvard Business Review, Predictably Irrational, preferring to lose free money, rational investing | Leave a comment

Two Wrongs Don’t Make a Right – Pension Insurance

Pension insurer shifted to stocks – The Boston GlobePosted using ShareThis The article above gives me a pit in my stomach on a number of levels, but one in particular. I think most people would get sick thinking of the … Continue reading

Posted in America's financial crisis, bailout, FIX IT, rational investing, two wrongs don't make a right | Leave a comment

. . . so, what are we doing?

Justin here. This is from our most recent market commentary, (here): One of our clients called, saying he had a question: “I’m just curious as to what you are doing to insure that I won’t lose a lifetime of savings?” … Continue reading

Posted in America's financial crisis, market commentary, Mr. Market, rational investing, Warren Buffett | Leave a comment

Warren Buffett Op-Ed: Buy American. I Am.

Justin here. Warren Buffett wrote a great Op-Ed piece for the New York Times this morning. Well worth your next five minutes. Buy American. I Am. By WARREN E. BUFFETT Omaha THE financial world is a mess, both in the … Continue reading

Posted in courage, Fighting ShortTermism, Mr. Market, rational investing, Warren Buffett | 1 Comment

Days till we reach zero

On more down days than I’d like to admit, my team mates have heard me say, “At this rate, we’ll be down to zero in no time.”  Now they’ve started saying it before I can get the very words out of … Continue reading

Posted in America's financial crisis, crowds, Fighting ShortTermism, flushing money down the toilet, humor, making science our ally, perspective, rational investing, This Time It's Different | Leave a comment

The Doctor is In

Ron Lieber knows value when he sees it.  Not intrinsic value, but examination value.  In his feature article in today’s New York Times, he says good financial advisors have the examination skills of an ace psychologist.  I’ve heard financial advisors called lots of … Continue reading

Posted in behavioral finance, Dan Ariely, Fighting ShortTermism, making science our ally, market sentiment, Meir Statman, rational investing, reinvested dividends | Leave a comment

Economics Haikus

Justin here. One of the blogs I have set up in my Google Reader is Freakonomics at the New York Times. They follow all the cardinal rules of blogging: short, funny, plenty of pictures, frequent but not too frequent posts. … Continue reading

Posted in humor, rational investing, speed price or quality | Leave a comment

Fighting ShortTermism

Here’s a great little piece from the WSJ today, Don’t Give Up on That Fund – Not Yet. . . . the study, conducted by Baird Advisory Services Research, looked at more than 1,300 funds, defining “high performers” as those … Continue reading

Posted in Fighting ShortTermism, flushing money down the toilet, rational investing | Leave a comment

The Golden Toilet

Justin here. Meir Statman once said that rational investors are investors who “always prefer more wealth to less and are indifferent as to whether a given increment to their wealth takes the form of cash payments or an increase in … Continue reading

Posted in flushing money down the toilet, gold, Meir Statman, rational investing | 2 Comments

The Golden Toilet

Justin here. Meir Statman once said that rational investors are investors who “always prefer more wealth to less and are indifferent as to whether a given increment to their wealth takes the form of cash payments or an increase in … Continue reading

Posted in flushing money down the toilet, gold, Meir Statman, rational investing | 2 Comments