Investing

There is an old joke in finance that says something like this: you can teach a monkey to read a balance sheet (or pick stocks). The punchline, of course, is that plenty of professional investors have proven this true, and the monkey often picks better stocks. The joke lands because it touches something uncomfortable. We […]

There is a moment, early in every investor’s life, where something dangerous happens. It is not a market crash. It is not a bad stock pick. It is a thought. And the thought goes something like this: I see something others do not. That single sentence has probably destroyed more wealth than any recession. Not

We love to talk about destinations. Set your goals. Pick your number. Decide what you want and reverse engineer the path. The entire financial planning industry is built on this assumption: that the endpoint is what matters, and the route is just a detail. But what if the route is the whole story? Path dependency