Category: CONFESSIONS OF A MONEY MANAGER

I Don’t Read The Journal

No one ever beat the markets by following consensus.  And consensus is formed the same places everyone goes to get investing insight. Do your own thinking.  

Continue Reading

Break Free Of Your Shackles

Money is not the key to happiness. A full life is. But to truly live fully, we have to break free of what Bill Valentine calls the “Four Shackles”. Join us this week as “Confessions of a Money Manager” returns for this Rich Living lesson.

Continue Reading

The Best $10,000 I Ever Spent

James Joyce said, “Mistakes are the portals of discovery.”  That couldn’t be more true of a trading experience early in my career that helped define me as an investor.

Continue Reading

I Could Be A Great Scammer

In this “Confessions…” Bill Valentine talks about his obsession with Financial Scammers.  But don’t worry, he’s doesn’t aspire to be one, but rather, wants you to give thought to the conditions that create the opportunity for this timeless transgression. Watch to learn about to look for so that you won’t be the next victim of

Continue Reading

Investors Believe In Black Magic

Would you turn to a witch doctor or shaman if you had a serious medical condition? No rational person would in this day and age.  And yet these same rational folks believe in the black magic of market predictions and stock picking from talking heads on Wall Street. It defies rationality. There has never been

Continue Reading

Sometimes The Markets Scare Me To Death

I’d be lying if I said that I didn’t have emotional responses to the markets’ ups and down.  But the responsibility of managing over $100 million dollars of investors’ portfolios means that I simply can’t allow myself to succumb to emotion when investing.  In my personal quest for knowledge and the desire to do the

Continue Reading

I Love Firing Clients

Similar to pruning dead branches off a tree to allow it to grow, sometimes letting go of a troublesome client is the healthiest thing you can do for your business. Take a moment and walk with me….

Continue Reading

The Dark Side of Goal Setting

During my 20+ years of fervent goal-setting, I have learned to appreciate the power of identifying, revisiting, and working vigorously to achieve your goals; it is a process I will continue to improve throughout my life.  But with so many years in the goal setting trenches, I’ve also seen that the practice has a dark side

Continue Reading

I Bet The Ponies

I’ve grown to love the tradition and ritual of analyzing and betting on the Triple Crown.  For professional investors, events like the Kentucky Derby and the Belmont can be a great analog to investing.

Continue Reading