"How Much Optimism is Factored into the Price?"
Wednesday, July 01
In the United States during the 60s and 70s there was a group of stocks labeled "The Nifty 50". They were blue chip stocks whose underlying companies were purported to be bulletproof. These were stocks that couldn't go down and had consistent earnings and growth over long periods of time. There w...
It's not a Dichotomy
Wednesday, July 01
This or That Humans are naturally inclined to squeeze everything into simple, categorical dichotomies. We want everything to be "Good/Bad" or "Correct/Incorrect" which is understandable. If we're able to fit everything into these black and white categories it makes life and ...
You Don't Know What You Don't Know
Wednesday, July 01
Ignorance Comes with Age Several months ago, I was at the gym going about my workout as usual. There was a group of older gentlemen, likely in their mid 70s, nearby who were chatting with each other and I happened to be within earshot. I didn't hear the context of their conversation but I di...
Averages VS Realities
Wednesday, July 01
Averages Vs Reality Have you ever heard the story of the man who was 6' tall and tried to cross a river that was 5' deep on average? His friends warned him that it wasn't safe but he was sure that he'd be fine since he was a full foot taller than the average depth. Somewhat unsur...
How to Find a Mentor (Hint, don't ask someone to be your mentor!)
Saturday, October 26
Across the BP Forums, I frequently see new investors looking to find a mentor. I see posts asking others how to find one and some people even go as far as asking outright in the title of the post for someone to be there mentor. Since this is such a popular topic (and since I've been able to find ...
House Hacking: The Foundation of Financial Freedom
Saturday, September 07
Hello everyone, I wanted to share my experience house-hacking as it's been quite literally life-changing for me and is one of the best/easiest things a new investor can do. Last year (when I first moved to CO Springs), I was looking to purchase an owner-occupied fourplex to live in one unit and r...