Why smart people make dumb money moves, and how to catch yourself doing it.
Behavioral finance vs behavioral economics isn’t just an academic debate; it’s the difference between retiring on a beach and working until you’re ninety because you panic-sold during a routine market correction. Behavioral economics is the broad study of why humans…
Let me tell you about Dave. In November 2021, Dave transferred $50,000 from his savings account into his brokerage account and bought a portfolio of ARKK, Bitcoin at $69,000, and a handful of meme stocks that Reddit promised would “go…
Why smart people still lose money in the stock market (and how to stop) Here’s a humbling thought: Albert Einstein, the man who revolutionized physics and gave us $E=mc^2$, lost most of his Nobel Prize money in the 1929 stock…
The Cult of Avoiding Stupidity If you pay attention to financial media, you’d be forgiven for believing that investing success requires precognition, complex algorithms, or the constant, frantic pursuit of the next 10x stock. The gurus promise fast gains; the…
How To Avoid Panic Selling Without Locking In Permanent Losses Picture this: It’s just another Tuesday in 2025 when your portfolio suddenly drops 7%. Why? Some central banker tweeted something vague about “economic headwinds” – which basically means they have…
Welcome back to The Witty Investor, where the financial advice is honest, occasionally useful, and always dipped in sarcasm. Today, I’m peeling back the curtain and sharing a money mistake so dumb, so cringe-worthy, it deserves its own Netflix docuseries.…