Process-oriented vs Goal-oriented

After speed reading thru a child psychology book gifted by a client, I was struck by the recommendation to treat parenting as process-oriented rather than goal-oriented and I can see the similarities to sensible management and investment approaches. The book gave the example of a baby repeatedly putting on and taking off her sock on … Continue reading Process-oriented vs Goal-oriented

On the misconception of trading time for money and trading money for time

“Before diagnosed with C, my father was busy working, earning money. After that, he retired and tried to join in the family’s activities. Before he was always saying ‘you guys go ahead’, nowadays it’s always ‘where you guys going?’. It’s driving me and my siblings nuts!” - Ms W... One thing the family members always … Continue reading On the misconception of trading time for money and trading money for time

Stories we tell ourselves about market irrationality

One of the dangers of investing on our own is the abstract stories we tell ourselves about market behavior. Generally, at this point in time, the story is about the market’s “irrational” behavior. There are some stories about how value investing doesn’t work anymore. The investment models and numbers doesn’t map onto the market. There … Continue reading Stories we tell ourselves about market irrationality