Book Summary of The Success Equation
Success in life is a combination of luck and skill, but it’s tough to figure out when one plays a bigger role. Michael Mauboussin’s The Success Equation unravels the two so we can make better decisions in a complex world.
Testing Hedge Performance When Stocks Crash
Hedging sounds smart. But does it work? This post analyzes bonds, gold, trend, and puts during stock market corrections.
Measuring the All-In Fee of Top Investment Advisors
An analysis of how much the average advisor truly costs and what it means for future returns.
Book Summary of A Man for All Markets
Ed Thorp beat the casino in blackjack, invented the world’s first wearable computer, and generated one of the best track records in the investment industry.
Book Summary of The Four Pillars of Investing
William Bernstein’s The Four Pillars of Investing is one of my favorite books and covers the theory, history, psychology, and business of investing.
