Warren Buffett thoughtfully explains why investing in stocks/equities is better than real estate, during Berkshire's latest annual meeting: "In respect to real estate, it's so much harder than stocks in terms of negotiation of deals, time spent, the involvement of multiple

The ESPN panel of experts has made their picks for Timberwolves-Warriors!

Below is a screenshot from the updated Scott Cederburg paper "Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice". Is everything you've been taught about investing in retirement wrong?

Over the past 3 years we've spoken to hundreds if not thousands of financial advisors. Can count on one hand the number that are overweight foreign stocks. Emerging markets is basically zero. Now that they are outperforming 10-30 percentage points YTD, will be interesting to

64% of U.S. adults fear financial collapse more than the end of life itself, per Newsweek.

Me: I’d like to invest in this brewery SEC: no, dummy. You’re not an accredited investor. Me: cool, guess I’ll just teach myself some double broken wing butterfly trades by watching tik tok SEC: yea, I mean, for sure. It’s your money, do whatever.

May 2

Chances are that stock you own is going to go down 50% at some point in the next five years. via Morgan Stanley ht Brent Sullivan

"I use AI the way I would use an insanely fast, remarkably well-read, exceptionally smart research assistant who’s also a terrible writer who happens to BS a lot" pretty much covers it for me, too. All I would say is: I think the writing is boringly wooden rather than abjectly

On April 4, JPMorgan raised recession risk to 60% as the global stock market sell off continued, saying "there will be blood" On May 13, JPMorgan dropped its recession call. This is why you have to tune out the noise and stick to your long term plan.

Here’s the bottom line. There’s never going to be a financial product that saves you. They are just tools. Some good, some bad. The pathway to financial freedom begins and ends with you. Good habits, strong discipline, and hard work are always required. Period.

The Timberwolves are 30-6 in the last 36 games in which Julius Randle has played.

We’ve come a long way, friends.

“The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function.” — F. Scott Fitzgerald

our kids will think we were crazy for using Google for 20 years "so you typed a question, got 100000 blue links gamed by SEO agencies, opened 11 tabs, skimmed each site, pieced together an answer, and repeated this process 20 times a day?" they'll think we were digital cavemen.

The hard truth to early retirement.

2025: Another example that simple public equity diversification is not only not dead, it’s all you need. S&P 500 +1% International small value +20%

They told you Trump would wreck it all. They told you Japanese yields would end it all. They told you a credit event was here. They told you something called Quad Four was real. None was true. This was the best May for stocks in 35 yrs. Congrats to those who ignored the noise.

New study: Randomized trial of ~900 colon cancer patients found ppl in the intervention group had: - "significantly longer disease-free survival" - a 7%-point increase in overall survival after 8 years - dramatic reduction in new primary cancers The drug's name: Exercise.