We’re 4 weeks out from the publication of “How Not To Invest: The ideas, numbers, and behaviors that destroy wealth – and how to avoid them.” Audio, e book, and exhausting copies are all scheduled to drop on the identical day, March 18, 2025.
I’m very enthusiastic about this, my first e book in 15 years. I finished writing my column and weblog posts (principally) to concentrate on this from December 2023 proper up till January 2025. I believe you may hear extra about it within the coming weeks.
I’m slowly easing again into my common writing routine, discussing how topical occasions usually replicate the methods we deploy our threat capital. It’s a target-rich space, one that may be seen within the day by day information, no matter the way you devour your breaking tales — be they newspaper headlines, TikTok, tv protection, Twitter, radio, Fb, Instagram, YouTube, and so forth.
There are lots of parallels between a few of the foolish issues folks consider politically on each side of the aisle and what they consider when it comes to cash. There are such a lot of monetary myths and plenty of dangerous data that, in the end result in poor habits.
The end result: Unhealthy funding outcomes that ought to not have occurred.
How can we keep away from the avoidable unforced errors?
The brief reply: Concentrate on your personal bubble. Take heed to your personal biases. Follow good data hygiene. At all times revert to first rules. Ask your self why you consider in what you consider, and if there isn’t any longer a sound motive, then discard that money-losing falsity. Make fewer selections. If you do decide, ensure you have a very good course of underlying it.
It’s not straightforward, however it is rather attainable to make fewer errors. The outcomes will likely be a notable enchancment in your course of — and significantly better funding outcomes…
Beforehand:
Audio Recording of “How Not to Invest” (January 18, 2025)
Coming March 18: “How Not To Invest” (November 18, 2024)
Nobody Knows Anything, The Beatles edition (September 26, 2024)
Pre-Order now for March 18, 2025
