Breaking the Cycle of Financial Worry For many, managing money feels like a never-ending challenge. Growing up in financial hardship or seeing others struggle can shape how we view money, often making us think that constant struggle is our destiny. And when things start to go well, it can be hard to shake the anxiety... Continue Reading →
The Lattice Framework: The Mental Model That Can Change Your Life
Why the Smartest Investors and Thinkers Use Multi-Disciplinary Learning to Their Advantage The Power of Thinking Across Disciplines If you want to make better decisions, whether in investing, business, or life in general, you need more than just knowledge, you need a way to connect ideas across different fields. This is where the lattice framework... Continue Reading →
How Research Methods and Psychology Can Make You a Better Investor
Investing your money isn’t just about picking stocks and hoping they rise in value. It’s about making informed decisions, analyzing data, and understanding the psychological biases that could lead you astray. By combining research methods with an understanding of human behavior, you can make smarter, more rational investment decisions. Imagine this: you’ve done your research,... Continue Reading →
The Psychology Behind Risk Tolerance: Why You Might Be Taking More or Less Risk Than You Should
Risk tolerance is a term we hear often in investing, but it’s more than just a number on a form or a quick survey you fill out when setting up your portfolio. It’s deeply personal and rooted in psychology. Why do some investors take high risks with their money, while others are incredibly cautious? The... Continue Reading →
The Impact of Social Media on Investment Decisions: Are You Following the Crowd?
In today’s world, social media influences almost every aspect of our lives. From the way we communicate to the way we shop, it's no surprise that it’s also shaping how we make financial decisions. In the past, stock market decisions were largely made by experts, but now, with platforms like Reddit, Twitter, and YouTube, anyone... Continue Reading →
Money Lessons from History: What Financial Blunders Can Teach Us About the Present
Financial mistakes aren’t just a modern-day issue, they’ve shaped history, economies, and individual lives. By looking back at some of the most significant financial blunders, we can learn valuable lessons that can help us make smarter financial decisions today. From catastrophic market crashes to speculative bubbles, the mistakes of the past offer insights into how... Continue Reading →
The Psychology of Impulse Buying: How to Stop Throwing Money Away
Impulse buying is something many of us have fallen victim to at one point or another. Whether it’s that pair of shoes you didn’t need, an online gadget you couldn’t resist, or the extra snack at the checkout counter, impulse buys can slowly add up and sabotage our financial goals. But why do we make... Continue Reading →
The Tesla Stock Hype: A Case Study in Speculation, Hype Investing, and Market Bubbles
The Hype Train and Its Consequences On November 11, 2024, I wrote: "I just read something that said sell out of all your investments. My automatic response was ‘nope.’ Look, no matter what happens, there will be ups and downs in the market, and sometimes things will get ugly. Shit, I am scared too. But... Continue Reading →
How to Prepare for a Recession Without Losing Sleep
Recessions are a natural part of the economic cycle, but that doesn’t make them any less frightening. Economic downturns can cause job losses, financial strain, and anxiety about the future. While it’s impossible to predict exactly when a recession will happen or how severe it will be, there are proactive steps you can take to... Continue Reading →
The Illusion of Control in Investing: Why You’re Not as in Charge as You Think
What is the Illusion of Control? Investing is a game of strategy and decision-making, but often, it’s a game where luck plays a much bigger role than most would like to admit. The idea that we can control our investments, predict the market, pick winning stocks, and time the perfect buys and sells, can be... Continue Reading →
