<!-- --> Posted October 14, 2019 by Ben Carlson On this edition of Re-Kindled, we re-read Malcolm Gladwell’s first two books, Tipping Point and Blink. We discuss: Why is there so much backlash against Gladwell The rise of pop psychology Why has Sesame Street been so popular for so long? What...
I receive an email like this from time to time. My assets are currently about $1.8 Million. I am heavy in cash, 67% stock (56:43, US:Intl) and 33% bonds (77:23 US:Intl) and the rest in REITs. I’m ready to retire at 51 and am contemplating a move to a...
“Solving problems using rationality is like playing golf with only one club.” – Rory Sutherland Imagine you’re an investor and I make you the following pitch of a business plan: We’re going to open a new chain of grocery stores. The stores will sell zero branded items. No Coke. No...
Before my financial awakening a few years ago, I made a lot of financial mistakes ranging from forbearing on my debt – please, don’t do this – to investing in the market while I was accruing 6.8% interest on my student loans.  These mistakes happened for a variety...
Market Wizards by Jack Schwager was first published in 1993. The book profiled some of the world’s top traders, all of whom had enviable long-term track records. The list included well-known traders and hedge fund managers such as Bruce Kovner, Paul Tudor Jones, Ed Seykota, Michael Steinhardt, William O’Neill,...
The Grand Prize Winner in the WCI Scholarship contest goes to Allison Neeson, an MS1 at Tufts University School of Medicine. First place in the 2019 WCI Scholarship contest is good for $42,660 cash, her choice of a WCI Online Course, and a copy of The White Coat...
Podcast #127 Show Notes: Understanding the Mega Backdoor Roth IRA In this episode, I discuss the difference between the backdoor Roth IRA and the Mega Backdoor Roth IRA. The mega backdoor Roth IRA allows you to contribute an additional amount into a Roth IRA due to the fact that...
For almost 150 years, one of the most important variables in the economic cycle was war. The cycle looked something like this: Governments would ramp up spending during wartime. This spending would increase wages and earnings, thus leading to prosperity. All that spending would eventually lead to an inflationary spike. Prosperity would inevitably...
Second place in the WCI Scholarship contest goes to Momina Mazhar, an MS4 at George Washington University School of Medicine, who will be the first physician in her family. In this post, she writes about her “blue collar” dad, and the sacrifices he made for her. Second place...
<!-- --> Posted October 9, 2019 by Ben Carlson On this week’s Animal Spirits with Michael and Ben we discuss: How the financial crisis benefitted private equity How many tech unicorns will go bust? How much longer are companies staying private? Quants are taking over the markets Did Michael...