Tell a five-year-old boy he should be a lawyer instead of a tractor driver and he will disagree with every cell in his body. - Morgan Housel

When thinking about room for error in a forecast it is tempting to think that potential outcomes range from you being just right enough to you being very, very right.

Richard Feynman, the great physicist, once said, “Imagine how much harder physics would be if electrons had feelings.” Well, investors have feelings

Growth is driven by compounding, which always takes time. Destruction is driven by single points of failure, which can happen in seconds, and loss of confidence, which can happen in an instant.