At last we bid the summer a sweet adieu. The boys are back in school. Classes started this week, though my youngest went to “half days” ‘cause I guess the gears of an elementary school are slow to start turning or something. The good news is that the start of full days next week means […]
Some of the savviest investors in the personal finance world. Early retirees. Workers still in thrall to the Man. A 7 year old child. A dog. And a grown man who doesn’t believe there were once dinosaurs. The ABL Stock Picking Contest brings them all together in a chase for immortal greatness. Who will win?
2018 Stock Picking Contest: 2Q Results Read More »
Hey guys. How’s it goin’? It’s been a while. Every year my blog posting suffers around the start of summer, and every year I seem surprised by that. We’ve been busy: end of school year fun and excitement, a son’s birthday, and summer travel planning. This summer we’re a little short on camps and whatnot,
The Start of Summer Read More »
While I’m generally happy with how I’ve turned out, I do have one regret: I wish I had embraced entrepreneurship far earlier in my career. I’m trying to remedy that with my children. If I can plant the seed of entrepreneurship at an early age, I will consider it one of my greatest gifts to
Sowing the Seeds of Entrepreneurship Read More »
Today we turn to the arts for inspiration. Movies can entertain, but they can also inform. You will be surprised to find the personal finance lessons hidden within some of the world’s classic films. BETTER TO BE LUCKY THAN GOOD The Movie: Barfly This is a great movie if you’re a fan of drinking
Finance Lessons from Cinema Read More »
The first quarter of 2018 saw many discover a shocking truth heretofore unknown except to the most wizened elder sages: it is possible for the stock market to go down as well as up. And that terrible fate struck throughout our 2018 stock picking entries. While the market was down a little more than 1%,
2018 Stock Picking Contest: 1Q Results Read More »
Last month I changed some tires on my car. It did not go well. But when life gives you lemons, turn it into a quick and easy blog post. What Happened? My car needed three new tires. The fourth tire – and this is important – was almost new, thanks to another fascinating chapter of
Lessons From A Tire Change Gone Bad Read More »
Last month, Jeff Bezos became the world’s richest person. His current net worth of over $110 billion is a shockingly large figure and beats me by a sizable margin. But is Mr. Bezos really the richest person ever? In nominal dollars, sure (at least for the next 10 minutes), but what about when you adjust
My Rank Among the Richest People in History Read More »
When I was very young, one of my co-workers (who had already tagged me as a finance nerd) asked me for advice on investing his 401K. This guy was contributing ~5% of his meager salary into a wee little account, but he was still really worried about his investment options. He wanted to choose good
The Limits of Diversification Read More »
While most of the world now favors diversified index funds, a few ancient masters still practice the art of buying individual stocks. Today we’ll celebrate that legacy by kicking off the new year with our Inaugural Stock Picking Contest. The rules are simple: pick three stocks from a major North American exchange. You can also
2018 Stock Picking Contest Read More »