While discharging patients today from the hospital as part of my volunteering duties, I met many interesting people, and was quite fortunate to meet one particular couple. They were likely both in their 60’s, and she had just finished getting a radiation treatment for cancer. As I wheeled her through the hospital, I was first […]
Most people would love to have a flat stomach and lean, muscular abs. For men, it accentuates the breadth of your shoulders and arms. For women, it makes you more curvy and sexy. And for both men and women, it is a symbol of youth, health, strength, and discipline. No wonder all of those ads […]
It isn’t easy being a manager. The human species can be very odd and quirky—and unpredictable! I always considered it somewhat of a privilege to be a manager. I was being entrusted with the livelihood and welfare of other people, which I deemed important. I thought a lot about, and always tried very hard, to […]
In this, my final post on negative and irrational thinking, I will relay three more types of cognitive distortions from Scott Burns’ seminal book, “The Feeling Good Handbook.” Since we have firmly established in previous posts that all of my followers are much too well-adjusted to succumb to any type of distorted thinking, I will […]
The question my wife and I are most often asked about my book, I’m a Type A—How the Heck Will I Ever Retire?,” is whether or not it has changed my behavior. In other words, do I practice what I preach? Elaine usually just rolls her eyes at this suggestion, and mutters something about it […]
Warren Buffett: I Bet on Index Funds—So Should You
Warren Buffett is so thoroughly convinced that high-cost actively managed mutual funds cannot consistently beat low-cost index funds that he bet $1 million on it! Now that’s putting your money where your mouth is. Buffett knows that over the long term actively managed mutual funds rarely justify their high fees with market outperformance. As a […]
How Do You Define Investment Success?
It happens to me all the time and I find it quite amusing. I’ll meet someone new at a cocktail party, they find out that I am a finance professional, and, invariably, they try to impress me with their stock picking prowess. It usually goes something like this: “Yeah, I bought an oil sands stock […]
I Am Always So Bored and Anxious!
Type As often experience feeling bored and anxious. We are so energetic and accustomed to being busy all of the time that as soon as “the music stops,” this is the state we are likely to find ourselves in. I think it is instructive to know what the opposite of bored and anxious is. What […]
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