Remove Financial Advice Remove Math Remove Numbers
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10 Biggest Ideas in “How NOT to Invest”

The Big Picture

The challenge in writing How NOT to Invest was organizing a large number of ideas, many of which were only loosely connected, into something coherent, understandable, and, most importantly, readable. Media Madness : Do we really need 24/7 financial advice for our investments we wont draw on for decades? Bad Numbers : 4.

Investing 317
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The Evolution of Financial Advice

A Wealth of Common Sense

To be a successful investor you need to possess a number of different traits. You need to understand how math, statistics and probabilities work. You also need a deep understanding of financial market history from booms to. You need to understand corporations and the global economy generally function over the long haul.

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Q&A: Your Money Map

The Big Picture

This is more than overconfidence, the DKE is how poorly we are at metacognition assessing our own abilities at a specific task Look at the history of performance and the small number of professional investors who outperform their benchmarks over 1, 5, 10, and 20 years. What are some examples of bad numbers?

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TikTokInvestors

The Big Picture

Bad financial advice reaches naïve, impressionable consumers of social media without any guardrails or controls. I doubt he’s run the real numbers of being invested in the stock market tax deferred with an additional company match. 2 Sure, you can claim mainstream media is bad, but social media is worse.

Media 336
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10 Weekend Reads

The Big Picture

Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Evolution of Financial Advice. To be a successful investor you need to possess a number of different traits. You need to understand how math, statistics and probabilities work.

Math 268
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Transcript: Ramit Sethi

The Big Picture

And they do that for 35 years tweaking numbers I go you won, you won the game. Number one, everybody has credit cards, everybody misunderstands how to use them, and there are actually some secret perks that people have no idea about. In fact, here’s the phone number you call, and you will get your $37 fee waived.

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Transcript: Luis Berruga, Global X ETFs

The Big Picture

when I first moved from Spain, and I learned a lot because I spent a lot of time with financial advisors, which, as you know, is a key segment of our client base today. What is the financial advice world like in Europe? I was employee number 10. RITHOLTZ: Which is really a pretty big number.

Clients 162