From the category archives:
I check the mail everyday.
I check Google Reader twice per day.
My email is in a state of “constantly being checked.”
So is my voicemail.
As a blogger and business owner, there are about 100 other things (revenue, traffic, incoming links, etc.) that I check fairly often.
And from what I gather, I’m fairly normal in this regard. For [...]
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In the last few weeks, a handful of people have asked to see a greater discussion of the drawbacks to passive investing. I’ve been thinking about it a lot. So here we go…
It’s boring.
There’s precisely zero chance that you’ll get rich overnight.
It’s difficult. (Not the mechanics of it–those are quite simple. The hard part is [...]
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Nobody wants to be–or thinks they are–average.
When it comes down to it, I think that’s the only reason that low-cost passive investing isn’t enthusiastically used by every investor out there. People have a tendency to believe that they–or somebody acting on their behalf–will be able to outperform the market, whether by earning a greater return [...]
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When we talk about saving/investing, we tend to think of it as something that will benefit us at some point down the road.
One of my favorite things about the investing principles I generally advocate is that they can actually improve your quality of life now. No need to wait 30 years to start seeing benefits.
Immediate [...]
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I’ve got a big announcement for today: The final draft for my upcoming book–the companion book to this blog–was just approved. (I’ve been working on this thing since late last summer, so it’s good to finally get it out the door!)
A little bit about the book:
What is Oblivious Investing about?
Oblivious Investing is not [...]
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Investing requires patience.
A long-term buy-and-hold strategy allows for fairly predictable results. The catch is that in order to earn those predictable returns, you have to stay invested for the entire period. Hopping in and out of the market might make your returns better, but it’s just as likely to make them worse.
Similarly, looking for immediate [...]
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John Bogle–founder of Vanguard and creator of the first index fund–was recently interviewed by Steve Perlstein of “On Leadership.” In the interview, he made two statements that concisely sum up everything that I advocate on this blog:
Try and avoid the worst hazards of behavioral investing. Follow the basic rule that I follow: Don’t peek. Don’t [...]
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The term “Oblivious Investing” is my way of acknowledging the fact that success in investing doesn’t require that you have some brilliant investment strategy that nobody else has ever thought of. It simply requires that you come up with an intelligent strategy and stick with it, even when things get tough.
In short, Oblivious Investing is [...]
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When somebody tells me something from which they stand to profit, it often makes me a little skeptical. Conversely, when somebody makes a statement that is not aligned with their own personal interests, I’m typically inclined to believe them.
With that in mind, here are a few statements from investment industry professionals that aren’t in line [...]
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I find it telling that Leo from Zenhabits was able to gain tens of thousands of subscribers to his blog in less than a year. Yes, Leo is an excellent writer. But I suspect that a large part of his success was the result of him tapping into an already-existing, unsatisfied desire for a simpler [...]
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I’ve been thinking recently that it would be worthwhile to make our definition of an Oblivious Investor a little more concrete. We’ve already discussed the main elements. So let’s take a step back and see how it all fits together into an investment philosophy as a whole.
Oblivious Investors have a solid understanding of what risk really [...]
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