By: Mo Lidsky This uncharacteristically older Filipino barista had a smile before I approached her. It was 6:30am on New Year’s day and, like any other Sunday morning, I entered my neighborhood Starbucks for a few hours of undistracted writing. It was clear this...
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...
Many investors we meet with have a similar overarching goal for their investments. Simply put, they wish to protect the value of their net worth, after inflation, while covering their family’s expenses. And they want to achieve this goal over a very long time –...
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...
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...
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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