Students and Investors often miss the point of what’s really important. Short term thinking regarding test grades or annual portfolio performance leads to future disappointment. A few weeks ago, I  spent the day teaching five middle school classes about investing. Being away from this for a bit, I needed some oxygen when I got home….

Reacting to someone else’s cues won’t make you rich; resisting them just might. Get ready for Jomo – the joy of missing out. When joy replaces fear, good things start to happen. Danish psychology professor, Svend Brinkmann, published a paper outlining the benefits of a Jomo lifestyle.  Miranda Green of the Financial Times wrote about his findings:…

Add cross-selling to George Carlin’s list of seven dirty words. Companies call this “keepage;” hostage is the appropriate term. Losing customers is described as “leakage.”  Organizations obsess about losing clients to cheaper competitors, even if it means selling them expensive, inferior products (think Wells Fargo). Disturbingly, cross-selling infects our hospitals. According to The Wall Street Journal: The…

Conflicted corporate cultures are duplicitously devising ways to contaminate low-cost index funds.  Theses toxic germs poison everything in their path. The blight of high fees shows no mercy.  This mutating virus infiltrates even the most formidable financial immune systems. Daren Fonda defended the faith in his outstanding Barron’s article, Investors Might Be Paying Too Much…