The single most important lesson I’ve learned about being a successful investor is the need to maintain emotional detachment.  Any feelings you may have towards a stock are unrequited.  If you love a stock, it will not love you back.  And if you hate a stock, it will not give you the satisfaction of responding...Read More

You know you have reached a certain level of immortality when your name becomes a verb, and I can think of no better example than the American actor Humphrey Bogart, perhaps best known for his role in that all-time classic Casablanca. “To Bogart” a cigarette is to leave it dangling sloppily in your mouth, even...Read More

Brain damage can create superior investment results, at least according to James O’Shaughnessy in his classic What Works on Wall Street. O’Shaughnessy refers to a study by Baba Shiv of Stanford University that found that people that had suffered damage to the amygdala or the insula regions of their brains made better investment decisions and...Read More

This is a few years old now, but it still gets a laugh out of me. With the focus on the Fed and quantitative easing these days, it’s worth another watch.Read More

This is Part 1 of a two-part series on “Naughty and Nice” dividend stocks. Perhaps I’m some sort of anti-social deviant, but I’ve never been a big fan of socially-responsible investing.  It has always seemed crazy to me to ignore profitable investment opportunities because a company’s product happens to be politically incorrect at that particular...Read More