Details Are Part of Our Difference
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
David Booth on How to Choose an Advisor
The One Minute Audio Clip You Need to Hear
Tag: Josh Brown
Sometimes we run out of time and space to highlight everything we’ve loved reading in the last month. Based on the talk in the office, the following items deserve your attention, even if they didn’t get their own dedicated post.
- The Randomness of Global Equity Returns – We love this piece by Dimensional and you will too.
- Meet the Money Whisperer to the NBA Elite – We enjoyed this NYT profile.
- 6 St. Louis Dads Highlighted in St. Louis Magazine and you’ll know one of them.
- Our friend John Jennings nails it with this interesting fact of the day.
- Podcast Love from St. Louis Magazine
Food for Thought During Volatile Markets
We’ve all been there, done that: When the markets grow volatile, they can literally make your stomach churn. As a team member of Hill Investment Group, I know better than to get too hung up on the never-ending breaking news in the popular financial press, but I do still find it helpful to read the perspectives of other thought leaders who are as committed as we are to evidence-based investing.
Here are two such pieces published during the recent jolts of market volatility. I found them helpful; I hope you do too:
“When Investing in Stocks Makes You Feel Like Throwing Up and You Do It Anyway,” by Jason Zweig of The Wall Street Journal
Zweig reflects on how awful it felt to stay invested during the Great Recession, but how glad he is now that he overcame his deepest doubts: “A happy few investors, among them Warren Buffett, his business partner Charles Munger and their mentor Benjamin Graham, may have long-term thinking built into them by nature. The rest of us have to cultivate it by nurture.”
“Some alternatives to Evidence-Based Investing,” by Josh Brown, the Reformed Broker
Satire can be a great healer. Here, Brown lists some of the “better” tactics people use instead of evidence-based investing and concludes: “The harvestable errors of emotionally unaware people in the marketplace are a bumper crop for the patient, the sane and the disciplined.” Tough but true love about the wisdom of evidence-based investing.