If you panic, panic first

One rule in the stock market is: “If you panic, panic first!” It’s about first-mover advantage under extreme pressure. Bull markets make you feel smarter than you really are.Bear markets make you feel dumber than you really are. It’s almost…

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I have read 269 books – so you don’t have to.

𝗧𝗵𝗲𝘀𝗲 𝟲 books 𝗱𝗿𝗮𝗺𝗮𝘁𝗶𝗰𝗮𝗹𝗹𝘆 𝗶𝗺𝗽𝗮𝗰𝘁𝗲𝗱 𝗺𝘆 𝗹𝗶𝗳𝗲. A well-researched non-fiction book is the single most info-dense piece of culture in existence, full stop. Some author spent a few years — hell, a decade, sometimes — gathering material, sifting through it,…

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Who is right about your money?

Traditional Economists or Self-help authors? So the question is whether popular finance books give the same valuable advice as academic economists. Economist & Finance professor James J. Choi was so interested in this question that he surveyed the 50 most…

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