By: Mo Lidsky The Difference The difference between a carpenter and a general contractor is clear to most people. A carpenter is a craftsperson – a person who is responsible for carrying out the physical tasks required to build a structure. A contractor is an overseer...
It is generally unwise to argue with legendary investors like Warren Buffett and Peter Lynch, but I have a bone to pick with those two. In my humble and barely pubescent opinion, they have promulgated one of the most naïve notions in investing called home bias, and...
By: Mo Lidsky Most clients correctly understand that diversification among investments can decrease the risk of a portfolio. When most people think about diversification, however, they associate it with minimizing the volatility of a portfolio for a given level of...
Reactionary investing is common among many wealthy individuals. Over the course of several years, they will allocate money to investments which seem, at any given moment in time, attractive. Although people can do well investing in attractive opportunities as they...
By: Mo Lidsky Failing to plan, planning to fail. Vince Lombardi, the legendary coach of the Green Bay Packers, has often said that there is no such thing as a perfect game. You cannot control the weather, the referees, injuries or any number of other variables. You...
Recent Comments