March 04, 2024
The Dead Fidelity Investors
One of the most famous pieces of research ever attributed to Fidelity Investments looked at client accounts over the period 2003-2013. Coming on the …
October 31, 2023
The Definitive List of What Investing Is Like
Investing is, apparently, like a lot of very different things. Here is a not-even-exhaustive list of the things to which investing has been …
October 12, 2023
The Risks No One Is Talking About
This image, from the Nintendo video game “Super Mario Brothers,” went viral on X/Twitter a few years back:
August 18, 2023
The Contradiction at the Core of the Stock Market
There is a contradiction at the core of the stock market that makes investing at once simple and endlessly vexing: