Despite the fact that the WIRED article “The Long Tail” came out ages ago, it’s still an educational and entertaining read. Not only did Chris Anderson coin a phrase that became widely used, but he also did some good predictions, especially regarding online streaming services and that the most successful online businesses will be about aggregating the Long Tail in one way or another.
Read MoreThe Rational Investor's Fallacy
If a rational investor believes that a passive strategy like indexing will usually outperform an active strategy like stock-picking, then why is it so difficult to stick to that passive strategy?
Read MoreThe Art of Sitting on Your Hands
2016 has started roughly for stocks all around the world. The chaos in China spread quickly to other continents and demonstrated brutally how interconnected the global markets are today. Oil is crashing to new lows and is currently trading close to $30. The S&P500 index had its worst-ever first week and went down roughly 10% from autumn highs. The noise is getting louder and louder and stock market investors are faced with a dilemma: should I sell everything or just sit on my hands and keep it cool.
Read More