Morgan Housel is appointment reading. His blog posts, Twitter musing, and The Psychology of Money reveal simple but powerful truths about investing and personal finance. This book’s format, 20 short chapters full of accessible narrative, reflects his “simple, but powerful” perspective that success with money has as much to do with your behavior as it […]
The Investor’s Manifesto
The Investor’s Manifesto – Preparing for Prosperity, Armageddon and Everything In Between by William J. Bernstein Manifesto was written right in the thick of the “Great Recession.” Just over 200 pages, it’s clearly written and accessible no matter your investing experience. I’ve summarized a few key lessons below, but I’ll start with a one-sentence summary: […]
Nudge
Not until last month, when Richard Thaler received his Nobel prize in economics, did I realize that behavioral economics was only recently embraced as a legitimate sub-course of inquiry within economics. Books like Nudge, Predictably Irrational, and Paradox of Choice seemed to fit naturally beside traditional financial planning texts. But it’s only been during the […]