In his new book – The Psychology of Money, Morgan Housel provides a great illustration of how success in investing is achieved by remaining calm through ‘punctuated moments of terror’ in the market. Here’s an excerpt from the book. Consider what would happen if you saved $1 every month from … Read More
Morgan Housel: The Only Thing That You Can Control In Investing Is Your Own Behavior
A couple of years ago Morgan Housel did one of the best presentations on investing titled – What Other Industries Teach Us. The presentation features a number of stories that teach us about human nature and why so many investors are their own worst enemies. It’s a must watch for … Read More
Annie Duke & Morgan Housel: Is This The Reason Warren Buffett Has Been Quiet Lately
Here’s a great conversation with Morgan Housel and Annie Duke at the 73rd CFA Institute Annual Virtual Conference last month in which they discuss a number of topics around managing risk, investing during periods of uncertainty, and the importance of humility in the investment decision making process. During the conversation … Read More
Morgan Housel: Three Big Things – The Most Important Forces Shaping the World
Here’s a great new paper by Morgan Housel at The Collaborative Fund titled – Three Big Things – The Most Important Forces Shaping the World, which discusses the three ‘Big Things’ that will have a profound impact on coming decades because they’re both transformational and ubiquitous. Here’s an excerpt from … Read More