How to Beat the Average

How to Beat the Average Every investor has a deep desire to beat the market. It is ingrained in human nature. In a 1988 speech, Charlie Ellis* explained: “There are three ways in which you might try to achieve superior results: one is physically difficult, one is intellectually difficult, and one is emotionally difficult.” He…

The Illusion of Control

The Illusion of Control The world is complex and feels out of control. Being human, we have a deep desire to be in control. We have a greater sense of wellbeing when we convince ourselves that we have control over events and outcomes even when this is not true. There are many aspects in our…

The Levers That Money Can’t Pull

The Levers That Money Can’t Pull Money holds no inherent moral value; its significance is heavily influenced by our individual perceptions and associations with it. Many people mistakenly tie their self-worth to their net worth, yet the lack of money can significantly hinder one’s capacity to progress toward your desired self. Without financial resources, time…

Diversification is Not a Free Lunch

Diversification is Not a Free Lunch Nobel laureate Harry Markowitz reportedly said that “diversification is the only free lunch in investing”. However, this seemingly cost-free strategy comes with its own set of challenges and trade-offs. The premise of diversification is rooted in the acceptance of an unknowable future. For those who believe they can foresee…

Staying Resolute Amidst Market Cycles

The Secret to Long-Term Investing: Staying Resolute Amidst Market Cycles In the complex world of financial markets, one fundamental truth prevails: everything moves in cycles. These cycles are often the result of emotional decisions that cause markets to swing like a pendulum. At times, these market cycles can reach the extreme ends of human emotions:…

Embracing Uncertainty in Investing

What Real Life Financial Planning Looks Like Investors often grapple with the challenge of achieving their long-term financial goals while avoiding the anxiety-inducing rollercoaster of market volatility. They naturally prefer to participate in the market when it’s on an upward trajectory, but this desire for one-sided certainty can lead to misguided actions and decisions. Investors…