The Philosophical Investor's Blog

Dress For Success - The Cognitive Consequences of Formal Clothing

Dress for success

There is a reason why some catchy phrases and words of advice hang around for a long time. They are usually pretty accurate. “Dress for Success” is one of those. The adage is used to help people shift their mindset from one of scarcity and limited thinking to one that is much more abundance and optimism oriented.

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The Fed's New Inaction Function

Federal Reserve inaction

Fed Approves Shift on Inflation Goal

Federal Reserve Chairman Jay Powell officially altered the Fed’s reaction function during his virtual speech given for the annual Jackson Hole conference. More accurately he articulated its inaction function. Rather than being trigger happy to tighten monetary policy and raise interest rates as inflation reaches 2%,

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So Now What Are You Going To Do?

Mastery

Last week I talked about the importance of changing with success and not getting too comfortable with what’s been working as it can lull an individual or organization into a complacent state. This inertia often leads to playing not to lose by shying away from taking risks,

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Change With Success...And a Potpourri of Topics

Change with Success

There is a reason behind the reason for this blog which will be revealed at the end. I will use a sleight of hand to talk about the importance of not resting on one’s laurels and using a growth mindset to keep changing even in the face of great success.

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The Enemy of My Enemy Is my Friend

Israel UAE Peace

Last week I discussed the horrific explosion in Beirut. This week I’m staying in the Middle East and will focus on the big news that Israel and the United Arab Emirates have agreed to establish formal diplomatic relations. And while there were many indications over the last couple of years that the two countries were not only starting to cooperate but developing ever closer relations,

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Blast to the Future

Beirut Blast @michaeltanchum

World's Top 5 Most Powerful Explosions

What happened in Beirut was absolutely horrific. As the graphic above shows, it is considered to be the most powerful non-nuclear explosion in history. To put the power of the blast in context, the Oklahoma City bombers used two tons of ammonium nitrate while Beirut’s ignited approximately 2,750 tons! 

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GO for it! Mastery and What it Takes to Become One

Segoe Kensaku GO Master Segoe

I subscribe to Kindle Unlimited. This allows me to access any book in Amazon’s Kindle Unlimited library provided that I don’t have more than 10 checked out at any one time. I honestly don’t know if it pays for itself because a lot of the books that I end up reading are quite inexpensive but what it does do is introduce me to books I would probably not have been aware of and results in me reading some I would never have considered purchasing.

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Say Yes to Life!

celebrate life B

I slept and dreamt that life was joy. 

I awoke and saw that life was duty. 

I worked—and behold, duty was joy.

-Rabindranath Tagore

“Life is not something,

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Trauma and Growth: Imperfect Information and Uncertainty

Trauma

Successful investing requires so much emotional and psychological fortitude. The analytical part is oftentimes the easiest aspect. Managing ourselves is what is typically most challenging. We are triggered by fear and greed and traumas of past mistakes that can lead to suboptimal outcomes. For this reason,

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Get Inspired

Inspired

With July 4th having just passed I thought it would be inspiring to talk about inspiration. The United States is unique because it is a nation founded on inspired ideals versus population characteristics and geography. These ideals are centered around life, liberty, and the pursuit of happiness as well as the notion that all men are created equal.

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