The idea of complex adaptive systems might sound overwhelming, but an experiment conducted by physicist Per Bak makes the concept easier to understand. If you drop one grain of sand at a time onto an empty table, a small, cone-shaped pile begins to form. As the pile...
I’ve made many references over the past several years to financial markets being a complex adaptive system. I find the concept fascinating and elegant, but it requires more explanation than I’ve ever had the space, word count, or reader attention span to...
At some point, most investors face the same dilemma: should you manage your money yourself or hire a professional to help you? As a financial planner, I am biased towards suggesting that investors seek out help. That being said, let me share a quick story to give more...
As the stock market continues to reach new highs, it’s tempting to think about the possibility of buying and selling at just the right moment. Here’s a dirty little secret that most of the investment industry doesn’t want you to know: Time is more important than...
