Making time to think is a great example of something that's first-order negative with some future payoff that's not easily visible. However, when you think through problems, you'll not only come to better decisions on the whole but you'll also avoid a lot of problems.
Article of the Week
Your First Thought Is Rarely Your Best Thought: Lessons on Thinking (Farnam Street) - Taking the time to think through issues and challenges can give you a big leg up.
Gun Makers Piling Up Losses- (The Big Picture) - If the recent market tells us anything, it's that investors are comfortable staying in the market moving forward.
Vanguard Economic/Market Outlook for 2018- (The Big Picture) - The people that need the most help from the stock market have the least amount of resources.
Tremors was a Very Bad Movie- (Pragmatic Capitalism) - While it's virtually impossible to predict recessions, we can look for warning signs along the way.
Buffett’s Annual Letter – Some Key Takeaways - (Pragmatic Capitalism) - Is inflation as big of a deal as the headlines are making it?
Questions For the Next Bear Market - (A Wealth of Common Sense) - How will commodities and cryptocurrency react in the next bear market?
Was There A Stock Market Bubble? Did It Burst? - (The Capital Spectator) - Looking ahead to see what the market signals are telling us.
markets.WSJ.com - (Humble Dollar) - This is a great resource for daily market numbers
Obvious Things That Easily Escape Attention- (Collaborative Fund) - A fantastic analogy of how financial innovation can breed dishonest advice.
Good Job!- (Epsilon Theory) - What once was a pure hedging tool, is now a widely used security.
Free for All- (Humble Dollar) - It takes willpower to make the right decisions up front.
Now & Then- (A Wealth of Common Sense) - A case study of a couple that turned their financial lives around and got out from under their debt obligations.
What’s In A Home Insurance Policy: Know The Details Before Your House Burns Down- (Financial Samurai) - Saving in your younger years affords you the opportunity to live like you want to live in your later years.
News What This Unprecedented 13-Million-Person Family Tree Reveals - (National Geographic) - Mastering relationships with yourself, team, clients, and mentors.
Seeing Your Blind Spots- (The Irrelevant Investor) - "I suspect that people persist in failure because they don’t even know that they are failing in the first place. And they don’t know they’re failing because they don’t record and track their results."
Morning Market at Camp North End- (Charlotte on the Cheap)
First brewery on tap for Charlotte’s FreeMoreWest neighborhood - (Charlotte Business Journal)