Great life lessons from people who have “been there, done that” long before you.
If your answer is yes, you are an honest chap. If your answer is no, either you are lying to yourself or your name must be Nobody (“Nobody is perfect”). Or you are a candidate running for president—the best any country ever had. I would…
An interesting week we are going through right now. The stock markets are finally providing a bit more entertainment value. Giving us a good test on another (nasty) bias that makes us do dumb things with our money: Illusion of skills. All…
I had lunch with an ex-colleague from my corporate-duty-days yesterday. She asked me how was it possible (sic!) to achieve financial freedom by the age of 44? Hmm, that made me think. I was not able to come up with…
How was your weekend? Was it full of memorable moments? How many days of annual leave do you have left carried over from 2017? What kind of experiences are you going to exchange them for? Need some encouragement? Have a…
Are you a stock picker? May I ask why? What makes you think that you can outsmart full-day traders and the professionals? What is your edge over them? You might no longer have an edge in calculating ratios or analysing…
Don’t waste your time reading all those stock market forecasts! Unless it is for pure entertainment. At the beginning of each year, there are many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting…
Even if you do, it would be better if you do not (ever) admit to having any “spare time” as our culture still revolves around one’s ability to stay focused for hours or days on end and being busy—all the time. Because, unlike most addictions, workaholism is…
No, not really. Finance is a simple industry made to look and sound complicated to justify fees. Just one example, active managers love to confuse us by using Greek words. Like – alpha – to describe what other industries call…
It’s a basic rule of economics that money is less valuable to you the more you have of it. It’s the end of the year and it’s the season of giving. It’s a fact that giving is the most selfish…
You’re rich. No, really you are. Whether you’ve paid for a computer or smartphone to browse the TACOMOB website on, or even handed a few coins over at an internet cafe, you’re far richer than many of your fellow human…