It was just an old watch…
I want to tell you a story about a watch. Many years ago my mother passed away unexpectedly. Dad had died a few years prior and so in my late 30’s I found myself without […]
I want to tell you a story about a watch. Many years ago my mother passed away unexpectedly. Dad had died a few years prior and so in my late 30’s I found myself without […]
Core Principles Series – Principle #10 – Fact based on an observation of one is not meaningful…
There is a fascinating discipline in the world of marketing and decision science called ‘Choice Architecture’. This discipline affects […]
Core Principles Series #9 – Whose money is it?
In the world of investment, there are three types or categories of investments. Those are: 1) loans, 2) assets, and 3) products. There are lots of different […]
Core Principles Series #8 – The Endowment Mindset
Nearly all large charitable or educational institutions in the US and Canada have large scale endowments. An endowment is a pool of investment resources that have generally been […]
Core Principle Series – Principle #7
‘Fail to plan – Plan to fail’
This principle is crucial for your own protection. If you read through the three scenarios that I posted earlier, you will have noted that […]
Core Principles Series – Principle #6
“The balance of risk and reward”
In any investment there is risk. A person might argue that “well that isn’t true for an envelope of cash that I have at home” […]
Core Principle Series – Principle #5
“Buy low and sell high”
This principle is one of the most commonly quoted phrases whenever a person is asked how they can do well with investments but it is clear […]
Core Principles Series – Principle #4
“Follow the money”
Principle number 4 is all about separating emotion and hype from reality. Individual motivations reveal a great deal about who a person is and why they do what […]
Core Principles Series – Principle #3
Urgent and only available today = wrong.
We live in a world with a 24 hour news cycle and instant on demand access to nearly everything. With that kind of access, […]
Core Principles Series – Principle #2
If it sounds too good to be true, it probably is…
We all like a great deal and there is something a little twistedly pleasing to feel like you got a […]