Must Read - intellectualfinance.com

Bordeaux vs. Bitcoin: The Unlikely Investment That Doesn’t Crash on a Tuesday

There’s something profoundly absurd about comparing a bottle of fermented grapes to a string of mathematical code. Yet here we are, living in a world where both can be considered serious investment vehicles. One sits in a temperature controlled cellar in France, quietly aging. The other exists everywhere and nowhere, pulsing through servers and changing […]

Bordeaux vs. Bitcoin: The Unlikely Investment That Doesn’t Crash on a Tuesday Read More »

Forget FOMO: The Real Danger Is Loving Your Stocks Too Much

Editors Pick, Behavioral Finance, Must Read

Everyone talks about FOMO. The fear of missing out supposedly drives investors to make stupid decisions, chasing returns they see in their neighbor’s portfolio or on financial Twitter. Buy high, sell higher, or so the dream goes. But there’s a quieter, more insidious problem that destroys more wealth and causes more pain. It’s the opposite

Forget FOMO: The Real Danger Is Loving Your Stocks Too Much Read More »

The Bitcoin Problem: Where Does Crypto Fit into a Modern Portfolio Theory Strategy?

Must Read, Editors Pick, Financial Economics, Investment Theory, Modern Portfolio Theory

Harry Markowitz won a Nobel Prize in 1990 for work he published in 1952. That work, Modern Portfolio Theory, changed how we think about investing. Now, seventy years later, a technology he could never have imagined is forcing us to reconsider what his theory actually means. Bitcoin presents a peculiar challenge. It behaves nothing like

The Bitcoin Problem: Where Does Crypto Fit into a Modern Portfolio Theory Strategy? Read More »