We all can study economics and finance to learn how markets are supposed to work. Economic data and financial metrics are always helpful, but understanding prevailing investor psychology is essential...

One iron rule of investing is what looks inevitable in hindsight was far from evident at the time - a reality highlighting the importance of managing portfolio risk.....

Investing well has little to do with our intelligence and plenty to do with behavior.  Check Twitter, Instagram, or Facebook, and regardless of how markets or the economy are performing, inevitably, there's a cynical mob declaring....

People don't necessarily want the truth for many things in life - especially politics, relationships, and investing - we want certainty....

Throughout our investing lives, the decisions we make today, tomorrow, or next week won't matter as much as our actions during the small number of days...

History is driven by surprising events, but obvious events drive forecasting.  Our inability to predict the past never dampens our appetite to forecast the future....

What's going to change over the next ten years? A sensible question.  We know a great deal will shift over a decade. However, we rarely ask, "what's not going to change over the next ten years?"  The second question is probably more important...

Courage to invest long-term means accepting the past wasn't as good as you remember, the present isn't as bad as it feels, and the future will surpass your expectations...

When Warren Buffett started his first investment partnership in 1956, he set expectations by establishing several ground rules for his partners. He explained what he could and couldn't do, along with matters about which he was uncertain....