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Investing Best Practices

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We Are Now In The Greater Fool Stage Of This Bull Market

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by  Erik Conley

The Greater Fool Stage of this Bull Market What the wise do in the beginning, fools do in the end.   -Warren Buffett Only a fool learns from his own mistakes. The wise ...

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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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