Blogvesting

I managed to snag a copy of Even Buffett Isn’t Perfect from the local library the past weekend. I’m only halfway through it, but it has set me thinking about quite a few issues. Basically the book is about some of the inconsistencies and flip-flops Buffett has made over the many years he has pontificated [...]

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I’ve recently done some soul-searching over the failure to adhere to my own money management rules in the past half-year. I’ve identified two main causes of failure. Firstly, I over-committed, putting too much of my net worth into stocks. Furthermore, I designed my portfolio with too few positions (only about 10), and therefore had too [...]

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I’ve just finished a chapter in Dan Ariely’s delightful book, Predictably Irrational, which discusses how we get attached to things we own, and tend to value those things more than an objective observer would. This attachment explains the proliferation of the 30-day money-back guarantee; we fail to anticipate how attached we will get to the [...]

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Right now, I am reading Michael Mauboussin’s new book “More Than You Know: Finding Financial Wisdom in Unconventional Places“, an excellent collection of short articles that capture snippets of investment wisdom. One article touches on attribute-based investment (value, growth, momentum, charting etc.) versus circumstance-based (e.g. Soros-like styles) investment styles. Mauboussin believes that there are two [...]

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In the process of trying to move money into my stock brokerage account today, I bumped up against transfer limits laid out in Federal Reserve Regulation D. This regulation stipulates that the number of withdrawals from savings and money market accounts cannot exceed 6 in a single month. The aim is apparently to prevent the [...]

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