Behavioral Finance/Psychology

The Worst Time to Invest with Warren Buffett

Warren Buffett is arguably the greatest investor of all time, to date. His track record is undeniable. Between 1965 and 2020, Berkshire Hathaway stock had an average annual return of 20%, almost double the return of the S&P 500 Index. Of course, we all know he’s the GOAT now, but how would investors have evaluated…

Come On Ride The Train

In case you missed it, we launched a cryptocurrency index a few weeks ago. With great anticipation and excitement, my account was funded and traded on launch day. I waited until late in the afternoon for confirmation that the wire from my bank did in fact make it to my new crypto account and breathed…

Pluto is a Planet

Science was the first academic subject I stopped pursuing, and I regret it. In high school, the only science options senior year were A.P. and required an extra hour for the lab work. I had other priorities, including a semi-professional dance career that took up a lot of my time. In college, I took the…

Unknown Unknowns

For over a year, I’ve been kicking around a blog idea in my head that I just couldn’t figure out how to write. The premise – America has a math problem. That math problem became painfully clear to me during the early days of the COVID-19 pandemic. I cringed each time I heard a misguided…

Get Rich versus Stay Rich

I don’t help people get rich, I help them stay rich.  My job as a wealth manager is to help clients hold on to their wealth and to preserve and grow it to keep pace with inflation. My number one priority is to ensure that money is there to meet their goals, when they are…

Oh Happy Day

I can’t get that gospel song out of my head today. We knew this day would come, we just didn’t know the timing. The global scientific community has been in a race to produce a COVID-19 vaccine all year, and Pfizer is the first to report good news. They may not be the last. We…

The Fallacy of Perfection

I am hearing a lot lately that investors are “waiting until after the election” to invest cash. I get it. This election is the most polarizing in my lifetime, in all of our lifetimes. Throw in a 100-year pandemic, the expansion of mail-in voting to ensure voter safety, an almost guarantee that we won’t know…

The Slow Money

I have spent my entire career in wealth management. It happened by accident. I wanted to be an investment banker, but neither of the regional banks that recruited at my school were interested in me. After graduation, I interviewed for a position on an institutional fixed income desk. Afterwards, I rode down the elevator with…

An Interview with Michael Lewis in New Orleans

Despite completely losing my voice to a cold yesterday morning, I schlepped myself and my copy of The Undoing Project down to the Marriott in New Orleans to get Michael Lewis’ signature. That is after I frantically searched for but could not find my paperback copy of Liar’s Poker, my favorite Lewis book. Michael was…

The Power of Silence

Over the weekend, someone shared a video of the late Mr. Rogers, talking about the importance of silence and solitude in such a noisy world. He was referring to the barrage of news and information. I regret that I am unable to find that tweet and give credit to who ever shared it, but I…