I hate to break this news to everybody, but size does matter when you are investing or trading. It is one of the most critical aspects of sustainability and long-term success when making money in the markets — especially in markets like we’ve seen over the past month.
How many people have heard this before: “Options are too risky!” Or when you tell someone that you’re going to learn how to trade options and they say to you, “You’re going to lose all your money!”
As I watched my 11-year-old daughter play in the Connecticut 11U softball state championship tournament, I couldn’t help but reflect on how critical playing sports, especially team sports, has contributed to my success in business and life.
When it comes down to just plain old making money in the markets — and I hate to break this news to anyone who didn’t know this already — being too big hurts your returns.
After reading this article about Tesla (TSLA) and some of the comments in the comment section, I was very disappointed. Taking joy in other peoples struggles or misfortunes is nothing new in our society, especially when it comes to billionaires, famous people, and people trying to create change.
I get this question a lot at my wealth retreats or at other speaking engagements: “Where do you think the SP 500 is heading?” Well, sometimes you just need to look at a chart (ie. the price) to give you a little bit of an idea.
I was at a meeting last week where I had to listen to this very pompous individual explain to me why active investing and the hedge fund industry were either dead or dying. Nobody knew it, except him. “His” ideas were just the same tired arguments that I hear all the time. Read More
I was pretty shocked to be called a racist by a few people at the dinner table this past Christmas Eve. They happened to disagree with my views on immigration. These people also consider themselves to be extremely open-minded, but their reaction to a genuinely different opinion proved otherwise. Read More
The Greeks
When people start investing in options, most are very intimidated by the Greeks. You will learn, as I did, that you’re not entirely prepared for options investing until you acquire a basic knowledge of the Greeks. Read More
Do we really need Wall Street analysts when they cannot even tell us the most crucial piece of information in investing? I am talking about when to sell.
We have had a pretty impressive run in stocks during the past nine years, especially over the past 15 months. What shocks me is that incredibly few Wall Street analysts are coming out and downgrading stocks to sells. Read More