It seems like every year the Mets give me a lesson in mean reversion. The last two seasons they’ve started out playing extremely well, and look very promising. Then the revert back to the mean. Last year it ended with a losing record, so hopefully this year they can improve on that!
Here’s what I’ve been reading this morning:
‘Tip Your Waitress’ – Reversion to the Mean (PODCAST)
- In their latest episode, Kevin and Justin talk about tipping waitresses, Facebook’s venture into crypto, and more!
‘The Big Risk’ – Michael Batnick – The Irrelevant Investor
- When deciding between stocks and bonds, or your mix of the two, remember that sometimes the biggest risk is never trying anything that looks like a big gamble.
‘Farewell Money’ – Richard Quinn – Humble Dollar
- Many Americans are living paycheck to paycheck and can’t cover simple emergencies. Richard outlines some of the things he finds to be money wasters.
‘Conflicting Tax Information Creates ‘Nightmares’ For Some Investors’ – Investment News
- Some brokerage firms have been sending clients tax information that is incorrect. It’s important to keep a close eye on your tax documents.