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Critical Thinking Skills

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Critical Thinking Skill #3 – The Time Value of Money

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by  Erik Conley

The Time Value of Money is one of the first skills a new investor must learn. Simply put, it answers the question “What is the value to me today, of a dollar that ...

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Characteristics of highly accomplished investors

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by  Erik Conley

What do Warren Buffett, George Soros, Carl Icahn, Ray Dalio, Abigail Johnson, James Simons, Thomas Peterffy, Ron Perelman, and Steve Cohen all have in common? They are all highly accomplished investors. And they ...

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How to Increase Your Odds of Winning at the Investment Game

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by  Erik Conley

How to Increase Your Odds of Winning at the Investment Game Summary Stock market strategy can be understood using game theory. The players in this game have widely different skill sets. Profits flow ...

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Are You Paying For Useless Advice?

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by  Erik Conley

Are you paying for useless advice? False experts, the “Hot-Hand Fallacy”, and the “Law of Small Numbers.” Can people be fooled into believing in a non-existent expert? If so, will they then pay ...

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Investment Advice: What’s Real and What’s For Sale?

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by  Erik Conley

Lyrics from the song “Vasoline” by STP: One time a thing occurred to me What’s real and what’s for sale? Search for things that you can’t see Going blind, out of reach Somewhere ...

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