Snowballs and Avalanches

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With a national debt of $23.3 trillion dollars, you could say that debt is American as “baseball, mom, and apple pie.” Yet debt is a major source of existential and cultural angst, with multiple studies linking stress and both physical and mental health issues to the levels of debt carried by Americans. In 2015, the Federal Reserve even found that …

Don’t Judge a Book by its Cover

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The admonishment to not “judge a book by its cover” is usually one encouraging us to be better people. “Look past a person on their worst day or who presents poorly to see that they’re a human being just having a hard day. See the merit in every individual and get to know them better than they appear;” or some …

This Time I’m Different

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“The four most dangerous words in investing are ‘this time it’s different.’” Said Sir John Templeton, indicating the historical trend that investors often identify “unprecedented opportunities” to invest in, only to find that history repeats itself often when said opportunities crash or end up mediocre. After all, since the most valuable company on earth, Apple, had an initial public offering …