Beware of Bubbles

What is a bubble? In the context of capital markets, a “bubble” is a phenomenon in which the prices of an asset or asset class are bid up to levels far beyond their historical baseline, and far beyond what any rational valuation of future prospects would warrant. Put simply, bubbles typically arise when some legit … More Beware of Bubbles

How Investing Can Turn Into Gambling

This was it. My first true “value” investment. After years of studying generations of great value investors from Benjamin Graham, to Warren Buffett, Charlie Munger, and Monish Pabrai, I had finally decided to give the craft a try myself. Considering that my portfolio consisted of low-cost index funds, this was a big jump. Regardless, off … More How Investing Can Turn Into Gambling

What’s On My Side Table – 1: Simplicity, diligence and FOMO

This is a new blog series where I’ll share brief thoughts on books, articles, videos or podcasts that have crossed my path. It may not be a full discussion of any one idea or topic, rather a highlight of key-takeaways from topics that interest me. I welcome continued discussion of these topics through either the … More What’s On My Side Table – 1: Simplicity, diligence and FOMO

Dollar-Cost Averaging

This post will outline what a dollar-cost averaging (DCA) program is, the benefits of such a program and what type of investor it is best suited for, and finally how to implement such a program. What is Dollar-cost averaging? It is an investment technique of buying a fixed dollar amount of a particular investment on a … More Dollar-Cost Averaging

Reading, Writing, and Active Investing: Common practices of those who capitalize on inefficient markets

A good friend (and better money manager) of mine once shared this story with me. He said that Warren Buffet was once asked about how to become successful and knowledgeable. Buffet pointed towards a large stack of books, journals, newspapers, and financial statements and said: “Read 500 pages like this every day. That’s how knowledge builds … More Reading, Writing, and Active Investing: Common practices of those who capitalize on inefficient markets

Retirement is Not the Goal: A look at the vicious cycle of debt-driven decision-making

I recently finished reading The 4-Hour Workweek written by author, Tim Ferriss. Despite the infomercial-style book title, it truly is a thought provoking read front to back. The main focus of the book is productivity, so whether you’re an aspiring globe-trotting entrepreneur who has been bitten by the travel bug or an employee who loves … More Retirement is Not the Goal: A look at the vicious cycle of debt-driven decision-making