Brent Esplin

Dart Throwing Monkeys and Buffett’s Bold Bet: Most Professional Investors Can’t Beat the Market

In an earlier post we established that the odds are heavily against you beating stock market benchmarks investing on your own (You Can’t Beat the Market).  After accepting this fact most people’s next thought is to hire someone who can.  Is this a wise strategy? Dart Throwing Monkeys In his classic investing book A Random Walk…

The Secret of Success (According to a Middle-Eastern Philosopher and an American Cartoonist)

The Philosopher and the Cartoonist The Middle-Eastern philosopher is Nassim Nicholas Taleb.  Taleb is a Lebanese-American author, academic, statistician, and philosopher.  He achieved riches in bond trading and fame from his best-selling books Fooled by Randomness and The Black Swan.  He is pretentious, overbearing, and arrogant.  He believes he has the world figured out and…

Link

My latest post, titled “You Can’t Beat the Market” is currently running on Rockstar Finance, “A Collection of Awesome Money Articles.”  If you haven’t read it yet, check it out below, and then go to Rockstar to read some of the other great personal finance articles there. 

http://rockstarfinance.com/

You Can’t Beat the Market

Who Is Your Competition? Famed hedge fund manager Michael Steinhardt was once asked what the single most important thing an amateur investor could learn from him was.  His arrogant but informative answer was “That I’m their competition.” Every time you buy or sell a stock or mutual fund there is someone on the other side…

What You Can Learn About the Stock Market From Our Poorly Trained and Excitable Dog

If you want to take volatility out of your portfolio, check it less often.  –Ronald H. Muhlenkamp, American investor and businessman I am not a “dog person.”  I didn’t grow up with dogs and as an adult I didn’t have any desire to own one.  My wife, Alice, and I agreed on this.  However, we didn’t…

My Earlier Post “The Power of Thrift: A Penny Saved is…” Is Currently Running on Rockstar Finance

Another of my posts has been selected to run on Rockstarfinance.com, a website that promotes itself as “A Collection of Awesome Money Articles.”  It is my post originally published on January 28, 2014 titled “The Power of Thrift: A Penny Saved Is…” If you haven’t had the chance to read it yet, take a look. …