James Cruz retweeted
Entrepreneurship is 100% teachable.
The problem is smart people know the failure rate and quit before they start.
This is why A students work for B and C students.
James Cruz retweeted
Replying to @John_Hempton @scoobs777
90% of all traders fail except on social media, where 90% drive Lambos and teach others how to fail
James Cruz retweeted
Has anyone mentioned #Bitcoin is now closer to $0 than $60K?
James Cruz retweeted
What's going to save you from the next market crash?
(Clue: The answer has nothing to do with active fund management) @evoadvisory #Markets #Investing ow.ly/qcSn50FvVyK
James Cruz retweeted
Rob Arnott definition of a bubble: “The marginal buyer has no interest in valuation models.”
I like it.
Via @ritholtz interview
James Cruz retweeted
Largest Company in the World
1980 IBM
1990 Nippon Telegraph
2000 GE
2010 Exxon Mobil
2020 Apple
Whatever’s on top doesn’t stay there long. #diversify
James Cruz retweeted
Short and very to the point.
“Of course I hate the Bitcoin success,” Charlie Munger says. “I should say modestly that I think whole damn development is disgusting and contrary to the interests of civilization, and I’ll leave the criticism to others.”
“I’m okay on that one,” Warren Buffett adds. #YFBuffett
James Cruz retweeted
Fogo Island a wonderful setting for Cassilis Blackmont the isolated villain in Part 2 of the new book Casper Benedict. The weighted climate the light and shadows the warmth and cold gives the character complexity @cbcnfldmorning @TourismFogoIsle @fogoislandinn @fogoislandarts TY.
James Cruz retweeted
If you've got an investment account and want to make the most of it, @stockspotcomau Founder and CEO @chrisbrycki has a very simple piece of advice for you. #YahooAdvent2020
Advent Calendar Day 21: Chris Brycki
Here's some simple advice to make the most of your investments.
James Cruz retweeted
Your retirement date isn’t the maturation date of your portfolio.
The portfolio will still need to support you for several decades. Adjust your asset allocation accordingly.
For most, this means a smaller bond allocation than they anticipate.
James Cruz retweeted
So much for outperforming low-cost index funds in falling markets. The average active fund in the UK All Companies sector fell 2.8% further than the FTSE All-Share Index @SCMDirect #Investing #FundManagement bit.ly/3b3nWMg
James Cruz retweeted
If anyone gives you a prediction as to where the market will be 1 month or 3 months from now, then you will be learning nothing about where the market will be, but a lot about the person giving you the advice.The market is unpredictable over the short run - even without a crisis.
James Cruz retweeted
This is a behavioral finance master class: a real crisis and everyone at home with nothing on TV other than information about the crisis. Far more mistakes will be made than in a ‘normal’ crisis.
James Cruz retweeted
I don't think it's fair to judge a President solely on the performance of the stock market, but he loves talking about it on the way up, so he has to own it on the way down.























