For as much as we talk about diversification with your investments here at Mullooly Asset Management, when it comes to fantasy sports – I should have diversified more. This week all 3 of my survivor picks were ousted in the first week of the season. Using the Colts on 2 of the 3 picks was apparently not a smart move! Had I diversified with another team, I could still be alive in the pool.
Here’s what I’ve been reading this morning:
‘Stocks Can Go Down, Too’ – Mullooly Asset Podcast
- In Ep. 324 of the Mullooly Asset Podcast, I spoke with Brendan about how the past few weeks has been a nice reminder that stocks move in more than one direction. Given the start to 2020, it’s amazing that investors can so quickly forget about volatility.
‘Investing Experts on an Earlier Version of the World’ – Ben Carlson – A Wealth of Common Sense
- History can be a useful tool to try and anticipate what might come in the market, but using the old playbook for future problems can leave you at a disadvantage. Ben writes about the benefit of open-mindedness and the ever-changing financial markets.
‘The Hot-Hand Fallacy Fallacy Fallacy?’ – Drew Dickson – Albert Bridge Capital
- For years there has been a debate about whether a “hot hand” really exists. Drew takes a look at a few different arguments on both sides to see if the fallacy is a fallacy, or if something like that actually does exist.
‘What’s Driving Inflation?’ – Michael Batnick – The Irrelevant Investor
- Things get more expensive as time goes on. That’s a basic economic concept. But what makes certain things go up in price, and by how much? Michael takes a look at what drives inflation in different areas.
ENJOY!
