They say that diversification is the only free lunch. Here are 10 reasons why you shouldn't diversify your portfolio:
- When you diversify you add too many stocks to your portfolio.
- Diversification is a great way to underperform.
If Twitter wanted to build their monthly average user (MAU) base they would look at ways to start paying their users. That’s right. Twitter would pay us, not the other way around. As you can see from the chart below, Twitter’s MAU growth has remained somewhat flat in the past 4 years. Maybe a little paid incentive could get prevent their user base from plateauing.
I used to think that Pinterest was only a “mom tool” for DIY artsy folks. But it has quickly evolved into a money making machine and social media behemoth.
It seems that a lot of people, specifically men, don’t understand Pinterest.
One of my favorite things to do on Twitter is running polls on herd mentality. Since the vast majority of my followers are finance related, I like to use my audience as a test group; a science experiment if you will.
I took a personal day yesterday to enjoy the perfect spring weather and spend some time doing some much needed yard work. Specifically, I had to grind out four stumps and a bunch of roots. I cut down four trees last year and the stumps have since been sitting there looking like an eye sore. Don’t worry tree-huggers, I planted a new magnolia in its spot and I have some blueberry bushes being delivered today from a local farm.
I’ve read a handful of books recently that have discussed the psychology of investing (Thinking In Bets, The Geometry of Wealth, The Behavioral Investor) and I’ve become more enlightened on the concept of the behavior gap. Typically, I’m more attracted to the technical books since I have more of an analytical mind. However, reading these books has turned me onto something new and I wish I would have paid more attention to the behavior gap in my earlier years of investing.