Charlie Munger once commented that "in order to disagree with somebody you must first understand their argument better than they do."

The most common way people lose money is to overestimate how clever they are and how much they know. Even after a fifty-year investing career, both...

Our brains are wired to:

• Discount the cost of inaction, 
• Overestimate the probability of things going wrong and 
• Underestimate ourselves.

However, researchers have found that bravery is a skill, and like all skills it can be l...

People often give up on their resolutions because they set unattainable goals.

Try to set a goal that you can reasonably achieve within one year. If it is challenging to complete it in your set timeframe, you might become overwhelmed and give up. If the goal will take more than one ...