PHILLIP. W. KOONTZ

When we want to change ourselves anew, we often set a date on when to start changing our behaviors or our habits. This is the concept of having a "fresh start".

The effect of the "fresh start" is that we're able to overlook our past mistakes and imperfections of our daily lives and...

• However, the many forecasts that correctly extrapolate past experience are of little value. Just as forecasters usually assume a future that’s a lot like the past, so do markets, which usually price in a continuation of recent history. Th us if the future turns out to be like the past, it’s ...

Everyone looks at money through the lens of their past experiences.

You can read what it was like to lose everything during, say, The Great Recession, but you will never bear the emotional scars of those who survived it and are now afraid to invest again. It’s impo...