Articles

In hindsight, we can see that the value in 2014 $AAPL was real while the value in 2014 $IBM was fake. By Jesse Livermore, Chris Meredith, and Patrick O’Shaughnessy

The problem we will face throughout life is how to differentiate between causation and correlation—between signal and noise. By Nick Maggiulli

The fact that high beta firms tend to have lower quality and higher financial leverage is perhaps one good reason why the outperformance in bull markets is more than erased during bear markets. By David Varadi

Real math is painfully precise. Investment finance math is sales math. By Richard Wiggins & Michael Edesess

Unlike social security, many pensions suffer reverse compounding of purchasing power over time. By Tony Isola

Thanks for the reveal, Donald. By Barry Ritholtz

People’s actions don’t always live up to rational economic theories because of unintended consequences. By Ben Carlson

Every past decline looks like an opportunity, every future decline looks like a risk. By Morgan Housel

The majority of U.S. households do not need to save the max allowed in 401(k) plan. By Blair duQuesnay

A huge number of people can no longer tell the difference between news and opinion, fact and fiction. By Josh Brown

Podcasts

Your book is so famous in Poland that my students think you’re dead. With Barry Ritholtz and Robert Cialdini

Amazon is the Sears catalog of the 21st century. With Russ Roberts and Michael Munger

You have economic power going to progressives and political power going to red states. With Kara Swisher and Scott Galloway

The asset prices go first before the economy goes down. With Barry Ritholtz and Ray Dalio

Books

The burgeoning movie theaters of the 1920s were where the general public first experienced air-conditioning. By Tim Harford