Blog
Notes on behavior, markets, and meaning — published monthly for clients and anyone else who wants a steadier way to think about money.
Why Uncertainty Feels Worse Than Risk
Most investors think they struggle with risk. What they actually struggle with is uncertainty.
Read →
What Doesn’t Change Matters More Than What Does
Change. We spend much of our time thinking about, predicting, and anticipating it.
Read →
The Only Forecast That Matters
Most investors love economic and market forecasts. With the markets so uncertain and volatile, our brains crave some sense of what the future holds. But the markets are unpredictab…
Read →
3 Takeaways from Buffett’s Last Letter
Warren Buffett has officially stepped down from Berkshire Hathaway, and last month, he wrote his final shareholder letter. While much of it reflected on his upbringing, he conclude…
Read →Why Gratitude Matters More Than Ever
‘Tis the season of gratitude. Thanksgiving reminds us of what truly matters—if we take the time to notice. Amid constant headlines, market chatter, and daily busyness, it’s easy to…
Read →The Costanza Investment Strategy
Seinfeld fans love George Costanza’s irrational antics, partly because we see parts of ourselves in his behavior. Although George never intended to give financial advice, his quirk…
Read →Mastering the Mental Game of Investing
The best investors aren’t judged only by knowledge or access to information. Like top poker players, their real edge is mental toughness—the ability to stay calm and make smart dec…
Read →
Feelings: When Good Instincts Backfire
In everyday life, our feelings help us survive and succeed. Fear keeps us safe from harm. Excitement drives us toward opportunities. Intuition aids us in making quick decisions whe…
Read →