I like to save my irrational takes and “this time it’ll be different” feelings for the Mets and Jets, and keep them out of finance. Yesterday was a prime example. The Mets had all the promise of Opening Day, only to have reality set in during the 8th inning bullpen implosion, leaving fans triggered from years past. And the Jets traded Sam Darnold, leaving fans hopeful that this new QB (Zach Wilson) will be different!
Being irrationally emotional about sports is far less costly than finance, though.
Here’s what I’ve been reading this morning:
‘Inflation and Investments in 2021: What to Know’ – Mullooly Asset Blog
- Worries about inflation have returned in the first few months of 2021. What would an uptick in inflation mean for your investments? We outline how inflation is measured and what it could mean for your portfolio in our latest blog post.
‘Why You Shouldn’t Pick Individual Stocks’ – Nick Maggiulli – Of Dollars and Data
- It’s well documented that trying to successfully pick individual stocks over the long-term is very difficult. Nick writes today about why you shouldn’t pick individual stocks, but uses a different narrative from anything you’ve likely heard before.
‘The Growth-Value Cycle’ – Ben Carlson – A Wealth of Common Sense
- Since the indexes were created back in 1979, growth and value have essentially identical returns. However, they took very different paths to get there. Ben writes about the cycle between growth and value stocks.
‘The Big Lessons of the Last Year’ – Morgan Housel – Collaborative Fund
- History is meaningless if we don’t learn from it. So on that note, Morgan has written down some of the most important lessons from the last year. With the pandemic and everything else going on, there was plenty to choose from.