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We’re a Nation of Gamblers

We’re a Nation of Gamblers

The United States is the only place in the world where people routinely put the bulk of their savings in the stock market without knowing much, if anything, about how markets work.

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Nobody Knows How Bonds Work

Nobody Knows How Bonds Work

I began my investing journey at age 23. I got some pamphlet that said I should invest in some bonds to go with my stocks. I didn’t know what a bond was.

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Infinity or Zero

Infinity or Zero

You see this a lot in the markets: When people say they will hold an investment forever, they will either make infinity or zero.

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This Is Why You Own Gold

This Is Why You Own Gold

Gold is in a bull market. This is a fact. Act accordingly.

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Advancing Your Career: MBA vs. CFA

Advancing Your Career: MBA vs. CFA

When some people want to advance their careers, they get an MBA. That’s what I did—I graduated in 2001 with my MBA from the University of San Francisco. That was a good decision. It has proved valuable, and I learned a lot.

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Financial Nihilism

Financial Nihilism

Attaining wealth is harder these days, but in some ways, it is easier. I would not worry too much about it. Think about the future, or the future will think about you.

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