It just goes to show the unpredictability of markets. Not all crashes are alike in their severity and duration and naming the market’s peak or bottom is tough. Therefore, the best bet is to prepare now for the next crash by owning a well-diversified portfolio that fits one’s time horizon and risk tolerance.
Paul Kaplan
Personal finance
At A Certain Point, Intentional Financial Ignorance Is Bliss
By tinkering with my own investment accounts, I’ve done myself more harm than good over the last few months. Not enough to mess with my timeline in any meaningful way—though I might have cost myself an extra week of work at some point 15 years from now—but enough for some temporary heartburn and anxiety along the way.
Investing
Markets
There Will Always Be Market Anomalies
4 Ways Today’s Stock Market Resembles That of the Late 1990s And two ways that it does not.
Behavior
Nobody likes being told they’re wrong
Playlist
John Cochrane on Economic Puzzles and Habits of Mind
Visuals
