Heniiii
@thattiy.bsky.social
Reposted by Heniiii
Coming March 18:
"How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them."
www.hownottoinvestbook.com
"How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them."
www.hownottoinvestbook.com
January 24, 2025 at 12:50 PM
Coming March 18:
"How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them."
www.hownottoinvestbook.com
"How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them."
www.hownottoinvestbook.com
Reposted by Heniiii
It's beautiful out on this snowy morning
February 9, 2025 at 2:42 PM
It's beautiful out on this snowy morning
Reposted by Heniiii
The Beatles' first live performance in the United States was on The Ed Sullivan Show on this day 61 years ago -- February 9, 1964.
Nobody Knows Anything, The Beatles edition—Barry Ritholtz illustrates how blind experts can be with the music critics and entertainment industry bigshots who, for the best part of their barely 10 year-existence, kept on disparaging the Beatles buff.ly/4ek25kt
Nobody Knows Anything, The Beatles edition - The Big Picture
In celebration of Abbey Road being released 55 years ago today (September 26, 1969), here is a short, Beatles-related excerpt from my upcoming book: “How Not To Invest: The ideas, numbers, and behavio...
buff.ly
February 9, 2025 at 2:25 PM
The Beatles' first live performance in the United States was on The Ed Sullivan Show on this day 61 years ago -- February 9, 1964.
Reposted by Heniiii
33 Ways To Improve Your Life, Japanese Style.
Japan can be an inscrutable place. Here, a few of our favourite Japanese experts (and experts on Japan) divulge a few ideas on what we can learn from life in the Japanese capital, and beyond.
www.mrporter.com/en-us/journa...
Japan can be an inscrutable place. Here, a few of our favourite Japanese experts (and experts on Japan) divulge a few ideas on what we can learn from life in the Japanese capital, and beyond.
www.mrporter.com/en-us/journa...
www.mrporter.com
February 9, 2025 at 2:11 PM
33 Ways To Improve Your Life, Japanese Style.
Japan can be an inscrutable place. Here, a few of our favourite Japanese experts (and experts on Japan) divulge a few ideas on what we can learn from life in the Japanese capital, and beyond.
www.mrporter.com/en-us/journa...
Japan can be an inscrutable place. Here, a few of our favourite Japanese experts (and experts on Japan) divulge a few ideas on what we can learn from life in the Japanese capital, and beyond.
www.mrporter.com/en-us/journa...
Reposted by Heniiii
S&P 500 annual returns:
1928-2024: +9.9%
1950-2024: +11.5%
2000-2024: +7.6%
2009-2024: +14.5%
The long-term depends on your time horizon
awealthofcommonsense.com/2025/02/the-...
1928-2024: +9.9%
1950-2024: +11.5%
2000-2024: +7.6%
2009-2024: +14.5%
The long-term depends on your time horizon
awealthofcommonsense.com/2025/02/the-...
February 8, 2025 at 4:05 PM
S&P 500 annual returns:
1928-2024: +9.9%
1950-2024: +11.5%
2000-2024: +7.6%
2009-2024: +14.5%
The long-term depends on your time horizon
awealthofcommonsense.com/2025/02/the-...
1928-2024: +9.9%
1950-2024: +11.5%
2000-2024: +7.6%
2009-2024: +14.5%
The long-term depends on your time horizon
awealthofcommonsense.com/2025/02/the-...
Reposted by Heniiii
"The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom."
-“Isaac Asimov’s Book of Science and Nature Quotations”
(Published 1988)
-“Isaac Asimov’s Book of Science and Nature Quotations”
(Published 1988)
February 8, 2025 at 2:15 PM
"The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom."
-“Isaac Asimov’s Book of Science and Nature Quotations”
(Published 1988)
-“Isaac Asimov’s Book of Science and Nature Quotations”
(Published 1988)
Reposted by Heniiii
The U.S. has a ~$28 trillion economy, 4% of the world’s population, >20% of the globe’s GDP, and >55% of the global market cap.
Economically speaking, America is ALREADY great.
Economically speaking, America is ALREADY great.
Risks & Opportunities of the New Administration
ritholtz.com/2025/02/risk...
ritholtz.com/2025/02/risk...
February 8, 2025 at 1:25 PM
The U.S. has a ~$28 trillion economy, 4% of the world’s population, >20% of the globe’s GDP, and >55% of the global market cap.
Economically speaking, America is ALREADY great.
Economically speaking, America is ALREADY great.
Reposted by Heniiii
Low Information Voters...
A majority of voters do not know what a Tariff is...
www.statista.com/chart/33863/...
A majority of voters do not know what a Tariff is...
www.statista.com/chart/33863/...
February 8, 2025 at 12:25 PM
Low Information Voters...
A majority of voters do not know what a Tariff is...
www.statista.com/chart/33863/...
A majority of voters do not know what a Tariff is...
www.statista.com/chart/33863/...
Reposted by Heniiii
Great post via Christine Benz
From contributions to conversions to distributions, here are 20 #IRA mistakes investors can make and tips on how to avoid them. http://spr.ly/63326I6Drm
20 IRA Mistakes to Avoid
From contributions to conversions to distributions, don’t fall into these traps.
spr.ly
February 6, 2025 at 8:42 PM
Great post via Christine Benz
Reposted by Heniiii
Rational investing is destined to become a tiny cult of math nerds clinging to the value of well regulated financial markets. Nobody is coming to save you. Calling somehting an ETF no longer means *anything* other than be careful. We have 4,000 ETFs as of today.
www.etf.com/sections/new...
www.etf.com/sections/new...
Trump's Media Group Eyes ETFs With Politically Focused Venture
Barely two weeks into his new term, Trump's finance company plans to target conservative investors with an anti-woke agenda.
www.etf.com
February 6, 2025 at 2:53 PM
Rational investing is destined to become a tiny cult of math nerds clinging to the value of well regulated financial markets. Nobody is coming to save you. Calling somehting an ETF no longer means *anything* other than be careful. We have 4,000 ETFs as of today.
www.etf.com/sections/new...
www.etf.com/sections/new...
Reposted by Heniiii
Some things I'm never going to do:
Get rich overnight
Drink coffee
Stop exercising, writing, reading or drinking
Predict the outcome of a technological revolution
Let AI engulf my life
awealthofcommonsense.com/2025/01/some...
Get rich overnight
Drink coffee
Stop exercising, writing, reading or drinking
Predict the outcome of a technological revolution
Let AI engulf my life
awealthofcommonsense.com/2025/01/some...
Some Things I'm Never Going To Do - A Wealth of Common Sense
Some thoughts on AI and a bunch of other stuff.
awealthofcommonsense.com
January 29, 2025 at 3:58 PM
Some things I'm never going to do:
Get rich overnight
Drink coffee
Stop exercising, writing, reading or drinking
Predict the outcome of a technological revolution
Let AI engulf my life
awealthofcommonsense.com/2025/01/some...
Get rich overnight
Drink coffee
Stop exercising, writing, reading or drinking
Predict the outcome of a technological revolution
Let AI engulf my life
awealthofcommonsense.com/2025/01/some...
Reposted by Heniiii
"Housing shortage factoid: Prices in the S&P Corelogic Case-Shiller index are up 52% since 2019, while home-ownership is up just 0.7%."
-—Philippa Dunne & Doug Henwood, The Liscio Report
-—Philippa Dunne & Doug Henwood, The Liscio Report
February 6, 2025 at 12:22 PM
"Housing shortage factoid: Prices in the S&P Corelogic Case-Shiller index are up 52% since 2019, while home-ownership is up just 0.7%."
-—Philippa Dunne & Doug Henwood, The Liscio Report
-—Philippa Dunne & Doug Henwood, The Liscio Report
Reposted by Heniiii
"Although ownership rates among Latinos and lower income households lag those of white and upper incomes by 25 pps, they are the only two that have risen since 2004."
February 6, 2025 at 12:22 PM
"Although ownership rates among Latinos and lower income households lag those of white and upper incomes by 25 pps, they are the only two that have risen since 2004."
Reposted by Heniiii
Thinking about climate change -- my pet theory is that while the government hasn't really changed a lot of minds, the private sector might, especially insurers.
Right on cue:
"That Giant Sucking Sound? It’s Climate Change Devouring Your Home’s Value."
www.nytimes.com/2025/02/03/o...
Right on cue:
"That Giant Sucking Sound? It’s Climate Change Devouring Your Home’s Value."
www.nytimes.com/2025/02/03/o...
Opinion | That Giant Sucking Sound? It’s Climate Change Devouring Your Home’s Value.
A new analysis predicts an extraordinary reversal in housing fortunes for Americans.
www.nytimes.com
February 5, 2025 at 10:08 PM
Thinking about climate change -- my pet theory is that while the government hasn't really changed a lot of minds, the private sector might, especially insurers.
Right on cue:
"That Giant Sucking Sound? It’s Climate Change Devouring Your Home’s Value."
www.nytimes.com/2025/02/03/o...
Right on cue:
"That Giant Sucking Sound? It’s Climate Change Devouring Your Home’s Value."
www.nytimes.com/2025/02/03/o...
Reposted by Heniiii
“The hedonistic conception of man is that of a lightning calculator of pleasures + pains who oscillates like a homogeneous globule of desire of happiness under the impulse of stimuli that shift him about the area, but leave him intact. He has neither antecedent nor consequent.”
— Thorstein Veble
— Thorstein Veble
February 5, 2025 at 9:45 PM
“The hedonistic conception of man is that of a lightning calculator of pleasures + pains who oscillates like a homogeneous globule of desire of happiness under the impulse of stimuli that shift him about the area, but leave him intact. He has neither antecedent nor consequent.”
— Thorstein Veble
— Thorstein Veble
Reposted by Heniiii
"Wisdom never advances by rejecting what has gone before, but by transcending and including it. This is what life after Buffett might look like..."
via @tomowenmorgan.bsky.social
newsletter.theleading-edge.org/p/going-beyo...
via @tomowenmorgan.bsky.social
newsletter.theleading-edge.org/p/going-beyo...
Going Beyond Buffett
From Stagnant Stoats to Harebrained Ideas
newsletter.theleading-edge.org
February 5, 2025 at 7:01 PM
"Wisdom never advances by rejecting what has gone before, but by transcending and including it. This is what life after Buffett might look like..."
via @tomowenmorgan.bsky.social
newsletter.theleading-edge.org/p/going-beyo...
via @tomowenmorgan.bsky.social
newsletter.theleading-edge.org/p/going-beyo...
Reposted by Heniiii
Let's review "Denominator Blindness."
It's our tendency to examine any change in a data series without considering context
Grade school math refresher: The numerator is the top number in a fraction - what's changed; the denominator is the bottom number, it's the full data set.
It's our tendency to examine any change in a data series without considering context
Grade school math refresher: The numerator is the top number in a fraction - what's changed; the denominator is the bottom number, it's the full data set.
February 5, 2025 at 5:13 PM
Let's review "Denominator Blindness."
It's our tendency to examine any change in a data series without considering context
Grade school math refresher: The numerator is the top number in a fraction - what's changed; the denominator is the bottom number, it's the full data set.
It's our tendency to examine any change in a data series without considering context
Grade school math refresher: The numerator is the top number in a fraction - what's changed; the denominator is the bottom number, it's the full data set.
Reposted by Heniiii
Consider "Total debt" in context! Look at the other side of the ledger page, e.g., the ability to service the debt:
Via Stlouisfed
Household Debt Service Payments as a Percent of Disposable Personal Income.
fred.stlouisfed.org/graph/?g=16jnQ
Via Stlouisfed
Household Debt Service Payments as a Percent of Disposable Personal Income.
fred.stlouisfed.org/graph/?g=16jnQ
February 5, 2025 at 5:18 PM
Consider "Total debt" in context! Look at the other side of the ledger page, e.g., the ability to service the debt:
Via Stlouisfed
Household Debt Service Payments as a Percent of Disposable Personal Income.
fred.stlouisfed.org/graph/?g=16jnQ
Via Stlouisfed
Household Debt Service Payments as a Percent of Disposable Personal Income.
fred.stlouisfed.org/graph/?g=16jnQ
Reposted by Heniiii
Always look for the full context! You must understand the data set in question and recognize that a big number out of context is inherently misleading.
It's easy to get fooled if you don't. I have a few chapters about this in "How NOT to Invest"
bsky.app/profile/rith...
It's easy to get fooled if you don't. I have a few chapters about this in "How NOT to Invest"
bsky.app/profile/rith...
Coming March 18:
"How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them."
www.hownottoinvestbook.com
"How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them."
www.hownottoinvestbook.com
February 5, 2025 at 5:19 PM
Always look for the full context! You must understand the data set in question and recognize that a big number out of context is inherently misleading.
It's easy to get fooled if you don't. I have a few chapters about this in "How NOT to Invest"
bsky.app/profile/rith...
It's easy to get fooled if you don't. I have a few chapters about this in "How NOT to Invest"
bsky.app/profile/rith...
Reposted by Heniiii
Hopping on Bloomberg Radio to discuss tariffs markets and more RIGHT NOW
February 5, 2025 at 4:42 PM
Hopping on Bloomberg Radio to discuss tariffs markets and more RIGHT NOW
Reposted by Heniiii
The Vanguard Effect in a nutshell:
$5T swing from high-cost active to low-cost indexing over the past decade.
One new wrinkle: Active in ETF format is starting to grab some real flows (thx to being low(er)-cost and in ETF form).
via Eric Balchunas, Bloomberg
$5T swing from high-cost active to low-cost indexing over the past decade.
One new wrinkle: Active in ETF format is starting to grab some real flows (thx to being low(er)-cost and in ETF form).
via Eric Balchunas, Bloomberg
February 5, 2025 at 2:43 PM
The Vanguard Effect in a nutshell:
$5T swing from high-cost active to low-cost indexing over the past decade.
One new wrinkle: Active in ETF format is starting to grab some real flows (thx to being low(er)-cost and in ETF form).
via Eric Balchunas, Bloomberg
$5T swing from high-cost active to low-cost indexing over the past decade.
One new wrinkle: Active in ETF format is starting to grab some real flows (thx to being low(er)-cost and in ETF form).
via Eric Balchunas, Bloomberg
Reposted by Heniiii
Barnes & Noble's February PRE-SALE!
25% off on all upcoming releases ordered Feb 5-7.
You must be a Barnes & Noble's Rewards Member (free to join) or a Premium Member (annual fee)
Hardcovers, audiobooks & eBooks for pre-order.
Discount Code: PREORDER25
www.barnesandnoble.com/w/how-not-to...
25% off on all upcoming releases ordered Feb 5-7.
You must be a Barnes & Noble's Rewards Member (free to join) or a Premium Member (annual fee)
Hardcovers, audiobooks & eBooks for pre-order.
Discount Code: PREORDER25
www.barnesandnoble.com/w/how-not-to...
February 5, 2025 at 12:48 PM
Barnes & Noble's February PRE-SALE!
25% off on all upcoming releases ordered Feb 5-7.
You must be a Barnes & Noble's Rewards Member (free to join) or a Premium Member (annual fee)
Hardcovers, audiobooks & eBooks for pre-order.
Discount Code: PREORDER25
www.barnesandnoble.com/w/how-not-to...
25% off on all upcoming releases ordered Feb 5-7.
You must be a Barnes & Noble's Rewards Member (free to join) or a Premium Member (annual fee)
Hardcovers, audiobooks & eBooks for pre-order.
Discount Code: PREORDER25
www.barnesandnoble.com/w/how-not-to...
Reposted by Heniiii
Stella Artois David Beckham Super Bowl Commercial 2025 featuring Matt Damon.
Matt Damon plays David Beckham’s long-lost twin brother in a hilarious Super Bowl ad.
The British soccer legend goes to America to meet "Dave Beckham" in a Stella Artois commercial.
youtu.be/Jm37gDJ3Y7A?...
Matt Damon plays David Beckham’s long-lost twin brother in a hilarious Super Bowl ad.
The British soccer legend goes to America to meet "Dave Beckham" in a Stella Artois commercial.
youtu.be/Jm37gDJ3Y7A?...
Stella Artois Super Bowl Commercial 2025 ft David Beckham and Matt Damon
YouTube video by Ad Vault
youtu.be
February 4, 2025 at 10:29 PM
Stella Artois David Beckham Super Bowl Commercial 2025 featuring Matt Damon.
Matt Damon plays David Beckham’s long-lost twin brother in a hilarious Super Bowl ad.
The British soccer legend goes to America to meet "Dave Beckham" in a Stella Artois commercial.
youtu.be/Jm37gDJ3Y7A?...
Matt Damon plays David Beckham’s long-lost twin brother in a hilarious Super Bowl ad.
The British soccer legend goes to America to meet "Dave Beckham" in a Stella Artois commercial.
youtu.be/Jm37gDJ3Y7A?...
Reposted by Heniiii
Fleetwood Mac's "Rumours" was released on this day in 1977.
The Album of the Year Grammy winner was also one of the most commercially successful albums ever recorded. "Rumours" sold 10 million copies in its first month; it would go on to sell 44 million copies worldwide.
The Album of the Year Grammy winner was also one of the most commercially successful albums ever recorded. "Rumours" sold 10 million copies in its first month; it would go on to sell 44 million copies worldwide.
February 4, 2025 at 7:55 PM
Fleetwood Mac's "Rumours" was released on this day in 1977.
The Album of the Year Grammy winner was also one of the most commercially successful albums ever recorded. "Rumours" sold 10 million copies in its first month; it would go on to sell 44 million copies worldwide.
The Album of the Year Grammy winner was also one of the most commercially successful albums ever recorded. "Rumours" sold 10 million copies in its first month; it would go on to sell 44 million copies worldwide.
Reposted by Heniiii
Mick Fleetwood's drumming on "Dreams" is only an eight-bar tape-loop!
Love this cover!
youtu.be/V1LhC1zGouc?...
Love this cover!
youtu.be/V1LhC1zGouc?...
Lanie Gardner - Dreams by Fleetwood Mac (Cover)
YouTube video by Lanie Gardner
youtu.be
February 4, 2025 at 7:55 PM
Mick Fleetwood's drumming on "Dreams" is only an eight-bar tape-loop!
Love this cover!
youtu.be/V1LhC1zGouc?...
Love this cover!
youtu.be/V1LhC1zGouc?...