In his 2008 Berkshire Hathaway Annual Letter, Warren Buffett says some people are keeping their money in the “boring place” because they feel safe. But in the long run, that’s not a smart move because the money won’t grow, and it will lose its value. Instead, he suggests thinking carefully, … Read More
The Casino Mentality in Modern Markets
During their recent episode, Taylor, Carlisle, and Dan Rasmussen discussed The Casino Mentality in Modern Markets. Here’s an excerpt from the episode: Dan: I wonder too if it’s not like so many things in life, the presence of cell phones, that it’s just fun to trade. Jake: Like, activity and … Read More