“Have you ever thought to yourself in the midst of a traffic jam: There better be an accident up there or this is ridiculous.”
When it comes to the ups-and-downs of the Markets, simply sitting in traffic can teach us a lot about why, as humans, we’re often blindly inclined to loss aversion behavior.
Read more at Playing in Traffic
[The link provided redirects to an original post by Ben Carlson, A Wealth of Common Sense.]
“Your father and I know nothing about money.”
How an investment adviser shaped his approach to investing by watching his mother, a woman who self-admittedly knew nothing about money.
Read more at Three Investing Lessons from My Mom
[The link provided redirects to an original post by Dougal Williams, Enterprising Investor, CFA Institute.]
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