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…
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…
“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…
1) How to succeed? The education system you just went through has planted some seeds into you. Now it is up to you—and only you—to make them grow. Go the extra mile, and see how good you can be at…
The younger you are, the more likely you are to believe that more money is the key to happiness. This is why, in my experience, many confident 20-year-old college boy wants to go into investment banking. And it’s why we…
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…
Thank you, dear readers, for reading my blog-posts and for letting me know what you like and dislike about them (for example, too long, too wordy). I hear you; thus, this post is succinct in answering: Why we save so little? Why evolution is to blame for our stock losses? Why…
Five years ago, I was rather unhappy with my day job. Social psychologists would have diagnosed me as being disengaged. My growing disengagement resulted in me quitting. Don’t get me wrong. I am not complaining. Quitting and retiring from my…
We tend to associate more importance to recent events than we do to less recent ones. The more vivid our memory of something which occurred in the past is, the more “available” that event will be in our mind and the more…
I am not a very up-to-date kind of guy. Sometimes I stumble across some very old facts that I did not know about before (and that have nothing to do with investing). Like this one: The condor uses the least…