Category: Learning

Using Deductive Logic Fails


People have trouble with risk.  Sometimes needlessly.  It is partly because of how they process information and what they expect to get from that processing. In the West, most of our thinking follows the logic of Aristotle.  While it is a powerful tool, if… Continue Reading “Using Deductive Logic Fails”

Interesting Insight


This question was on Quora recently.  “Is it possible to be as successful as Steve Jobs, Bill Gates, or Elon Musk as a black man in America?”  Justine Musk answered it brilliantly.  Her answer applies to each of us because we tend not to… Continue Reading “Interesting Insight”

Misunderstanding Micro and Macro


Micro and macro are terms used in economics, business and finance.  They pervade our lives although many do not notice. Wikipedia defines them like this: Microeconomics is a branch of economics that studies the behavior of individuals and small impacting organizations in making decisions… Continue Reading “Misunderstanding Micro and Macro”

More On Balanced Life Plans


Ten days or so ago I published a post “A Good Life Plan Requires Balance”.  In one LinkedIn group it has received valuable response.  The group is The Trader. Here are some comments regarding the article.  More valuable than the article.  You should subscribe… Continue Reading “More On Balanced Life Plans”

Problem Solving


The NHL has finished its season and the Chicago Blackhawks have again won the Stanley Cup.  One reason they have won three in the past six years is winger Patrick Kane. I noticed a commentary about Patrick recently and it said that when he… Continue Reading “Problem Solving”

Success Is What You Decide It Is


People want to succeed.  Sometimes they do many right things but do not achieve success.  One reason is that they have done something wrong. There is another.  They failed to define success correctly in the beginning.  Here is an example of how success definition… Continue Reading “Success Is What You Decide It Is”

What Must You Know To Be A Good Financial Planner?


Strangely, that is a trick question.  If you look at the regulation and training you will find that the pieces of those do not address the question.  That difference arises because people want, or seem to want, advisors to be tactical.  Methods and products,… Continue Reading “What Must You Know To Be A Good Financial Planner?”

A Wise Response To Hubris


My friend Brian MacKenzie commented on the Greek tragedy piece that appeared today.  It is a heart felt and beautiful insight.  Notice, “Life isn’t a game, it’s your life.”  It will pay us all to take this message to heart.  Financial things, possessions, and… Continue Reading “A Wise Response To Hubris”

Teaching Financial Literacy


Once you learn to ride a bicycle, you can always ride a bicycle.  One of nature’s certainties.  Well, like most of our experiences, it is true only within narrow limits.  There are exceptions. My youngest brother, Michael sent me a story with an embedded… Continue Reading “Teaching Financial Literacy”

Planning Succeeds


Plans are not static; they evolve to match circumstances.  Plans add meaning. Field Marshall Helmuth von Moltke The Elder,  is person who seemed to have the idea fully developed nearly 150 years ago.  As most senior military people do, he understood planning. Development of… Continue Reading “Planning Succeeds”

%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this:
%d bloggers like this: