Here you will find many articles containing basic financial wisdom such as financial wisdom quotes, general explanations, book recommendations on financial topics, and much more.
In March 2021… In March 2021, I reflected on the nervousness pervading international stock markets. Tech giants like Amazon had begun to lose ground, and even stalwart consumer goods manufacturers …
Let’s travel back to … December 30, 2019 It was my first year working as a lawyer at a firm that sometimes felt like something straight out of a John …
Recently, a friend asked me a seemingly simple question: Why do you only use profit and cash flow to assess the fair value of a stock? He argued that even …
Investing is about achieving returns and managing inevitable periods of loss. A valuable tool to better understand these periods is the drawdown chart. This chart shows how often and how …
Life is already hectic and complicated enough, and we all struggle with our own challenges. As I navigate through life, I’ve realized how much the decisions I made years ago …
Building up a financial safety net has been my fundamental need since my early twenties. Why? Because pitfalls, failures, and mistakes are normal and affect everyone. After all, life is …
Even a small pocket cannot prevent me from making more of it. Snowflakes of pennies can become an avalanche of monthly dividends. This is what wealth management means to me. …
For whatever reason, some methods work in at least 90 out of 100 cases. But, they work not only in the vast majority of cases. Moreover, they feel effortless, almost …
“How are you?” “I’m fine, thanks. How about you?” “Well, good enough, I’d say.” Good enough…?! On closer inspection, what sounds like a boring and unpleasant description of one’s own …
Investing is easy. You deploy your capital with a purpose. But already from here on, things get more complex. What is my goal, and how much time do I want …
Three concepts or schools of thought have changed my life. Antifragility, serendipity and critical rationalism are all interrelated. They are mutually dependent and, at the same time, overlapping. This article …
New year, new opportunities! Now is the ideal time to review my investment results and ensure they align with my investment strategy. As stock pickers, we are at a disadvantage …
Investing in 2024 will once again be challenging. We will see a lot of uncertainty and we will be flooded with a wealth of information. I will still sleep soundly, …
What is 4HL or lindy? Well, perhaps you’ll get an idea after reading this new part of my series “Thoughts by the Sea” following my articles on antifragility and frugality. …
The biggest obstacle to achieving one’s goals is that the path to them is lined with doubts, lies, bullshitters and many other things that distract the ambitious wanderer. The longer …