ƚƼĜĹčƼŅƚųūĘĜƋĵ±Ĺ±ĵŞĬåųūŅüŸƋŅÏĩŸĜŸŅĹĬƼƋĘåĀųŸƋÚåÏĜŸĜŅĹĜĹ±ĬŅĹčĬĜĹåŅüŅüƋåĹ ĜĵŞƚĬŸĜƴå±ĹÚåĵŅƋĜŅĹ±ĬÏĘŅĜÏåŸţĘåĀåĬÚŅüÆåĘ±ƴĜŅų±ĬåÏŅĹŅĵĜÏŸôŞŅŞƚĬ±ųĜǄåÚÆƼ Daniel Kahneman's Thinking Fast and Slow and Richard Thaler's Nudge ôĘåĬŞŸÚåŸÏųĜÆå the many ways in which humans are predictably irrational. You may not knowwhat you're going to get... but with a little planning, you can control how you'll react. Keep this in mind ƵĘåĹūÆĜƋĜĹčĜĹƋŅūƋĘåŸåĵ±ųĩåƋŅýåųĜĹčŸţţţ LIFE IS LIKE A BOX OF CHOCOLATES ^ AND THE MARKETS
They look great on the outside. But when the growth stops, they'll burn ]SYVǻRERGMEPXSRKYI Hypergrowth Chocolate Chiles
If you do nothing else, stop paying so much to brokers and mutual-fund managers. LEAVE 'EM!! Gold-Leaf Fee-Heavy Creams
'Free Cash Flow'- "«¼¼aØèĠÜ
Contrarian Nut Delight
8LIQSWXWOMPPJYPǻRERGMEP confectioner can't fake free cash. These are the best chocolates in the box. EAT 'EM UP!
If you want to beat the market, your portfolio must PSSOZIV]HMǺIVIRXJVSQXLI market. Try something new, but do manage your risk. TAKE A BITE! White Chocolate 'Hold Forever' Marzipan We'd all like to "hold forever," but don't get stuck owning a buggy-whip maker in EREYXSQSFMPIEKI &PWS white chocolate isn't real GLSGSPEXIERHQEV^MTER is as bad as fondant.) CONSUME RESPONSIBLY!
'Falling Knife' Key Lime Pie
Sure, that last slice is on sale. But where did the rest of the pie go? Down the gullet or in the trash bin? Nothing says a stock's value can't keep plunging. NIBBLE CAREFULLY!
By Steven Longenecker
American Consequences 19
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