Thursday, July 12, 2012
Living Cells Show how to Fix the Financial System
Living Cells Show how to Fix the Financial System
Great piece exploring the role of hierarchy and networks in the financial system, and how we ignore lessons learned from nature at our peril. In a nutshell, "too big to fail" banks are simply not good for the stability of the system. An interesting read!
Monday, July 9, 2012
The 100 Things I've Learned in Investing
Some excellent advice from Anand Chokkavelu, CFA
http://www.fool.com/investing/general/2012/06/29/the-100-things-ive-learned-in-investing.aspx#.T_q242jDldw
If you only read one point, read the first one! "1. Most of this list is dedicated to insight on beating the market, but know this: It's darn hard to beat the market. Ninety-nine percent of people are best served steadily buying and holding low-cost index funds at the core of their portfolios -- and I may be understating that 99% figure."
http://www.fool.com/investing/general/2012/06/29/the-100-things-ive-learned-in-investing.aspx#.T_q242jDldw
If you only read one point, read the first one! "1. Most of this list is dedicated to insight on beating the market, but know this: It's darn hard to beat the market. Ninety-nine percent of people are best served steadily buying and holding low-cost index funds at the core of their portfolios -- and I may be understating that 99% figure."
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