I heard a story last week of a man that saved for years to buy a brand new car that he could be proud of. He finally picked up a shiny black BMW with fine tan leather and all the bells …
Valuable Money Lesson from a University Experiment
In 1972, Walter Mischel, a professor at Stanford University, carried out an experiment on delayed gratification. This is how the study went: They put some kids in a room and placed a marshmallow …
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Let’s Play Cowboy…
Let’s create a crude metaphor for our markets today so go with me for a minute… Pretend that you are a cattle rancher before the industrial revolution. The way you live, provide and or thrive …
Why Did Thomas Jefferson Say This…
I found a quote last week that I hadn’t heard before and it shocked me on how insightful it was. One of our Founding Fathers, Thomas Jefferson has a lot of great quotes and one that I love …
The Tale of 4 Investors…
Well 2022 has been an interesting ride so far. If you look at this chart really quick the S&P 500 has dropped over 10% since the beginning of the year. We are now below the 200 day moving …
Can You Correct a Tailspin
A friend of mine that I used to work out with once told me about some of his military training as a helicopter pilot. At first he said it was very difficult. Even just trying to hover over a target …