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The Brilliance of Avoiding Stupidity

By: Mo Lidsky He has repeatedly claimed that his wealth is largely due to his ability to avoid mistakes rather than identify opportunities. While I am somewhat skeptical about Warren Buffett’s humble assertion, it is true that avoiding danger and removing harm...

Investor Biases: Frame Dependence

By: Mo Lidsky There’s a famous story about rabbinic student that approaches his Rabbi and asks, “Rabbi, am I allowed to smoke when I’m praying?” to which the Rabbi affirmatively responds “Absolutely not. It’s a disgrace to God and a disgrace to prayer.” Bothered...

Are You Clueless About The Financial Investment Fees You Pay?

By: Mo Lidsky Most investors are blind to the true investment fees they are paying their financial advisors who are managing their financial portfolios. In a financial study on investment fees done in 2013 of over 1,000 Canadians, over 25 years old with more than...

The Real Truth About Financial Fees

By: Mo Lidsky Journalist Ben Steverman shared the following historical financial story: About 140 years ago, a savvy Philadelphia retailer named John Wanamaker realized that his customers and salesmen were wasting lots of time haggling over prices, so he decided to...
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