We make investment decisions with the same emotions that lead us to stay with the same brand of soap.   Don’t be shocked by the underperformance of your investments. Stop trying to predict market conditions. By Daniel Solin July 21, 2014 There can be little dispute over the sad state of returns for many investors. My […]

This morning, Janet Yellen warned that valuations of certain assets, especially small firms, social media stocks and biotech companies, are "substantially stretched."   Although she was more sanguine about the broader stock market, it got some people thinking about the most famous instance of an explicit warning about market overheating: Alan Greenspan’s "irrational exuberance" speech. […]