Thank you, Adam for a fantastic conversation. ABOUT THE EPISODE Jonathan shares a lot of timeless advice with the audience about being mindful with your money. He explains the difference between currency and money, he discusses the two most important things in life, how to quiet your mind and stop reacting to external stimulus, and …

Read More

When I worked in SF, I was on the 35th floor of a downtown building. On the way to work every day, I looked up at the building and I thought – “Wow, it really is a very nice building.” And I would go in through a sparkling clean lobby to a wood and mirror-paneled …

Read More

Stock selection is hard because leaders change hands. 25 years ago Apple was nearly bankrupt – and if it wasn’t for Microsoft’s last-minute investment, it would have gone under. Now it is the largest company in the world (by market cap). This is one reason that academics (and evidence-focused advisors like me) suggest that owning …

Read More

I was on my podcast partner’s other podcast… this is the result!!! ABOUT THE EPISODE In real estate investing, lack of financial literacy is deadly. Investors who don’t have a fundamental understanding of basic financial concepts like risk tolerance and return expectations are destined to make costly mistakes… or worse, to go bankrupt! But it’s …

Read More

I’m reading David Brook’s “Second Mountain.” We spend the majority of our lives – we get out of school, we build a career, we save and invest – climbing the first mountain with the goals that our culture endorses. We seek success and personal happiness. We get to the top of the first mountain, as …

Read More

When they were little, we paid for things for them, but they got used to hearing “No.” Kate was far better at this than I was. I always wanted to give them everything they wanted. So, I needed tools. There are all kinds of tricks to curb a child’s desire for a thing. My favorites …

Read More

Many clients have lost loved ones over the years – parents, partners, kids, and siblings. We can’t understand the devastating life-altering effects on those who are left until it happens to us. What do you do with an open wound that you know will never close? Thank you Diana and WealthManagement.com for the opportunity to …

Read More

Thank you to our nearly 2000 subscribers who seem to be engaging more, both on social media and by simply emailing us. I appreciate your feedback and your questions… keep ‘em coming. This question came from a subscriber in California. This is largely an area of opinion. Lots of things I write about have been …

Read More

Today, I want to lay down a marker. THIS IS WHEN YOU BUY! The great companies of the US and the World are on sale. That sale may (or may not) get better. If it does get better, it won’t get that much better. There will be some point in the not-too-distant future where we …

Read More