Thought Exercise - October Edition

Let's try to a little less wrong. How you accomplish this is up to you. Hint: it requires honesty and humility with yourself.

Different Kinds Of Smarts

“The older I get the more I realize how many kinds of smart there are. There are a lot of kinds of smart. There are a lot of kinds of stupid, too.”

– Jeff Bezos

The Happiness Equation

To say that “money isn’t everything” is more than a cliché. Studies in the early 1970s demonstrated that a sense of well-being, or happiness, had not increased commensurately with income over the previous half century.1

Talking Risk: Emotion vs. Data

We tend to base our assessment of risk on emotions (how we feel about it), and then rationalize (or try to) that we have done so using objective data.

Our Reactions

Incompetent but 'Amazing' People

Sound like someone we know? .... Check out this video on the Dunning-Kruger Effect



ERISA Bonds vs. Fiduciary Insurance

With so much attention lately on fiduciary duty, as well as the surge of fiduciary litigation this past year, plan sponsors would be wise to explore their insurance options. While the ERISA fidelity bond (also referred to as a “fidelity bond” or “ERISA bond”), is required for all plans, there are other options as well.

Tuning Out The Noise

Passive Investing Demonized....again and still!

As sure as the sun rises in the east, the proponents of active management will continue to attack passive investing. The reason is simple: It threatens their livelihood. Thus, their behavior should not come as a surprise.Wall  Street has ridiculed passive investing for decades. The reason is obvious: Its profits—and for many firms, their very survival—are at stake.

Mid Year Asset Class Performance Review

A Minimalist Lifestyle

Simplifying your life isn’t about your possessions — it’s about value.

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