A short history of 1999, the year everyone became a genius In 1999, Barbra Streisand explained her investment strategy to Fortune magazine. She was a day trader. She told the interviewer she couldn’t stand seeing red in her profit column, and since she’s a Taurus,…
Four lessons from The Intelligent Investor that just played out in real time I’m working through The Intelligent Investor, Benjamin Graham’s classic with Jason Zweig’s modern commentary layered through it. This week’s reading covered what aggressive investors should never do, and one line I couldn’t…
I check this watchlist every day. Not to trade, I rarely touch anything. I check it the way you glance at a city skyline: to see what’s being built. One of the biggest lessons from two decades in the market is that you should know…
And how the Seven Kingdoms game ties into my investment strategy I’m halfway through The Intelligent Investor by Benjamin Graham right now. The biggest lesson so far? Avoid speculative investments as much as possible. Speculation is not the same as investing, especially not intelligent investing….
It’s not increasing your income or investment amounts When I got my first job out of college, I had one goal. Exceed my debts with my net worth. That was it. Not a fancy car, a nice apartment, or a wardrobe upgrade. Just get my…
The Fundrise Innovation Fund — With Anthropic and OpenAI Concentration Several years ago I decided to buy into the Fundrise Innovation fund, and I never stopped buying. The returns were great, so I said f*ck REITs, let’s go all in on tech, which is what I tend…
Pre-buy comfort. Set yourself up to never invest again. Much of the research claims you should have at least one year’s salary saved by 30. Okay, but why? Well, here’s what I took away from the advice: When you save up a substantial amount in your…
9 Pieces of Wisdom to Follow First off: Don’t Buy A Car Don’t buy a car…yet. If you can, wait as long as possible before getting a car or replacing the one you have. Continue to leverage your current car, friend, family, public transportation, or other resources…
The two paycheck strategy When I got my first job out of college, there are really only 3 things I did. On the weekends, I got Mexican food at this dope ass restaurant (which I forgot to save to google maps) and a smoothie. The rest…
The first student loan I ever paid off was my Parent Plus loan. Why? I felt like I owed my parents money. The loan was not only in my name, but their name as well. So I took it as my responsibility to pay that loan…
I stopped maxing out my 401k. The wealthy don’t build fortunes in retirement accounts — and neither should you. For years, I preached the gospel. Max out your Roth IRA. Max out your 401k. Let compound interest do its thing. Die wealthy. I followed my…
A King Who Owned Everything Still Told You to Spread Your Bets. You Should Probably Listen. Solomon had more wealth than anyone alive. Buffett said you only get twenty punches. Both were saying the same thing. Three thousand years apart, two of the wealthiest minds…
“Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” — Ecclesiastes 11:2 Three thousand years ago, a king wrote those words. He was talking about spreading your resources wisely because nobody knows what tomorrow brings. He…
Nuclear, Energy Infrastructure, Robotics & AI, Health Tech, CyberSecurity, Quantum, Robotics, Space And now you know how I spend my Sunday mornings at 6 am…thinking about how technologies and ETFs work together to create strong investment infrastucture, aka stronger and smarter portfolios based on conviction…
Your wealth isn’t being stolen. It’s leaking out in amounts too small to notice and too consistent to survive. Think about yesterday. Specifically, think about what you spent money on that you’ve already forgotten. Maybe it was a coffee and a breakfast sandwich. Maybe it…