The Hamster Digest 2018-09-16

Digest

Here’s a digest of some of my favourite financial independence or personal finance related blog posts that I came across over the past week or so: Where’s your money? http://www.stealthywealth.co.za/2018/09/wheres-your-money.html Stealthy Wealth wrote a really nice post about diversification and took…

Beware of Myopic Loss Aversion

Loss Aversion

I just finished “The Little Book of Behavioral Investing” by James Montier.  It is an amazing book with lots of great information.  Highly recommended!  One concept he touched on in the book is termed “Myopic Loss Aversion” which immediately caught…

The Diderot Effect

Diderot Effect

Time for a quick history lesson, with a good little life lesson (who said we never learn from history?) The 18th century French writer named Denis Diderot once received a lovely gift: a beautiful scarlet dressing gown.  He immediately threw his…