by Stoffel | Apr 10, 2025 | Investing
First published in 1949 and updated several times since, The Intelligent Investor by Benjamin Graham is widely regarded as the definitive guide to value investing. Graham, often called the father of value investing, was also Warren Buffett’s mentor – and Buffett...
by Stoffel | Apr 5, 2025 | Decision Making, Investing, Portfolio Management, Risk Premia
Tariffs, Tumult, and Staying the Course: A Note to Long-Term Investors Markets are down. Headlines are loud. Uncertainty is abundant. But for long-term investors, this is not the time to panic. In response to a new wave of global tariffs announced by the Trump...
by Stoffel | Apr 3, 2025 | Biases, Decision Making, Investing
Imagine having tomorrow’s news today. Would you use it to strike it rich in the markets? That’s the premise behind a fascinating experiment conducted by Victor Haghani, James White, and Jerry Bell, described in their article “When a Crystal Ball Isn’t Enough to Make...
by Stoffel | Mar 27, 2025 | Biases, Decision Making, Investing, Leverage
Originally published March 2025 – updated April 2026 to reflect new research and a tighter structure. Introduction Most people who invest believe they are keeping pace with the market. Not beating it – few expect that – but roughly tracking it. The evidence,...
by Stoffel | Mar 6, 2025 | Investing, Risk Premia
When evaluating investments, most people focus on returns – how much something gained or lost in a given year. But what often goes unnoticed is the volatility of those returns, and how it quietly eats into your long-term performance. As a long-term investor, you...
by Stoffel | Sep 23, 2024 | Investing, Leverage
Leverage is a powerful tool in both investing and trading, allowing individuals and institutions to amplify their potential returns by borrowing money or using other financial instruments. When used wisely, leverage can significantly enhance profits. However, it also...