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Investing Best Practices

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The Greater Fool Theory

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by  Erik Conley

One of my favorite TV shows in recent years is HBO’s The Newsroom. The guy who writes the show, Aaron Sorkin, is known for fast-paced, snappy dialog. In the final episode of season 1, ...

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Warren Buffett says that 99% of investors should not even try to beat the market.

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by  Erik Conley

Is he right about that? Or is he overstating the case. How hard is it to actually beat the market? In a recent Yahoo!Finance interview, Warren Buffett said that 99% of investors should ...

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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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Winners & Losers In The 1st Quarter Of 2017

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by  Erik Conley

There were clear winners & losers in the 1st quarter of 2017. Your performance depends on where you placed your bets. If you bet on Trump making the stock market great again, you ...

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