You and I, we are both just average

Bias: Illusory Superiority

“Whoa, wait a minute,” I can hear you protesting, “Dude, what are you saying?  No way!  That might apply to you, but definitely not to me.  I am special!” Face it, my friend, you’re nothing special, because the mediocrity principle simply states so. The universe…

Continue reading

Survivorship Bias

Survivorship Bias

Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…

Continue reading

Taking care of my own busyness

It happened again. I had lunch with an ex-colleague back from that phase in my life when I served my corporate duties and built up the foundation of my finances. TACOMOB: “How are you?” CORPORATE WARRIOR (CW): “Busy.” TACOMOB: “Busy with…

Continue reading