I played a lot of sports growing up. Little league baseball, basketball and soccer to be exact. I wasn’t very talented at any of them so, by the time I had reached middle school, video games replaced sports. Why play basketball outside when you can play NBA Jam in air conditioning. And when the internet[…]
Life isn’t some equation you can solve on a whiteboard. Many have tried without success, believe me. Life is unquestionably dynamic and impossibly complex. It’s riddled with emotions that cannot be defined and outliers that can barely be explained. The moment you think you’ve figured it out is the moment you realize you know absolutely[…]
In investing, correlation tells us how an asset or portfolio moves in relationship to another asset or portfolio on a scale of +1.0 to -1.0. For example, over the last ten years, investment grade bonds have had a correlation of -0.06 relative to U.S. stocks (S&P 500). Meaning, if U.S. stocks went up by 1.0%,[…]