Easy Money

"The easy money has been made" is a very dangerous sentence.  It implies that whatever gains you have now, were easy to achieve - whereas any future gains are going to be much harder to come by.  I love this chart from Morgan Housel* that shows various financial news outlets and the date when they …

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Bridge Communities – A Chair Affair

On June 7th, 2018 Bridge Communities held their annual "Chair Affair" fundraising event at Elements in the Hotel Indigo.  Bridge Communities is a DuPage County based charity that provides homeless families with mentoring, housing and supporting services.  This fun event has attendees bid on various chairs designed by local artists via silent and live auction.  …

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The Doldrums

Let's pretend you are a 16th century treasure hunter.  You have invested your entire life's savings into a fleet of ships whose sole purpose is to find treasure in the new world.  You send your ships in different directions so that you increase your odds of finding treasure.  After a slow start, ALL of your …

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