Honesty

Honesty is a subject almost never discussed and yet so important in achieving success. By honesty, I mean accepting the reality of the situation before you. To see reality as just that, reality. Not to twist the truth to fit a comfortable or convenient narrative. In the capital markets, lack of honesty will cost you money.…
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Vicious Cycle

In a recent post we discussed a behavior (Irrational Behavior) that has stood the test of time. A behavior we have all likely experienced at least once during our career in the capital markets. And unfortunately are likely doomed to repeat. Today I wanted to follow up with an extension of this behavior which truly…
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Irrational Behavior

Amid the recent "chaos" in the capital markets, an ironic behavior once again has surfaced.  A behavior that likely dates back to the beginning of time and will probably never cease. Why? Because it involves human behavior. Which does more than just rhyme. It always repeats. The behavior involves the use of rational thought to…
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Double Jeopardy

Imagine taking an extremely difficult exam in college. You spent months studying some obscure subject. Final exams are weeks away and you start accelerating your study. You have to pass this exam. The class was tough, but you finally grasp the subject. Finals are here and after two hours of testing you walk out of class, excited…
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