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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.

Side profile of The Success Equation by Michael Mauboussin on a concrete surface with trees in the background.
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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.

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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.

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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.

Side profile of A Man for All Markets by Edward O. Thorp on a concrete surface with trees in the background.
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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.

Side profile of The Four Pillars of Investing by William Bernstein on a concrete surface with trees in the background.