I don’t typically find myself drawn to self-help books but after reading an article on Medium I found myself intrigued by one written in 1960 by a plastic surgeon named Maxwell Maltz. It is called Psycho-Cybernetics.
…
Blog Archives
Looking Back At My 32 Years With CWS And Planning For The Future
July 20, 2019, was my 32nd anniversary at CWS. After college, I moved down to Orange County to be with Roneet to start our lives together. She had recently begun her career at Nordstrom that would be the start of a meteoric rise to upper management over her 10 years there.
…
What To Avoid So That Your Happiness Continues
Following up from last week’s blog post that discussed Bertrand Russell’s Conquest of Happiness, this week will focus on some of the actions we can take and the ways we can train ourselves to welcome more happiness into our lives.
…
Bessembinder: A Fascinating But Skewed Study
In reading @jesse_livermore’s latest and always brilliant missive/analysis, he referenced and linked to a study by Arizona State University professor Hendrik Bessembinder entitled “Do Stocks Outperform Treasury Bills?” It seems like a pretty ludicrous question since our capitalist system is supposed to reward risk-takers.
…
Modeling A Recession
by 
Gary Carmell
Posted in Economy, Interest Rates, News, Trends, Uncategorized, Wealth
No Comments ↓
Gary Carmell
Posted in Economy, Interest Rates, News, Trends, Uncategorized, Wealth
No Comments ↓
Last week were engaged in our annual planning process. As part of this, we come up with key assumptions regarding the operating environment for the next three years or so. Interest rates, of course, are a huge variable in our business and dominated much of the discussion.
…
Charlie Munger, Robert Hunter, and Worldly Wisdom
“What is elementary, worldly wisdom? Well, the first rule is that you can’t really know anything if you just remember isolated facts and try and bang ‘em back. If the facts don’t hang together on a latticework of theory, you don’t have them in a usable form.”
— Charlie Munger
For me,
…
Flow - The 8 Elements of Enjoyment
For many years I have wanted to read the book Flow: The Psychology of Optimal Experience but think I have subconsciously put it off because of the author’s unpronounceable name (at least to me) for fear if someone asked me who wrote it I wouldn’t be able to say his name.
…
What Movie Are You Creating And Watching?
Scott Adams is someone I follow and I appreciate his insights about persuasion and human nature. He often says that everyone is living their own movie. They write the scripts and they have cast them with characters they have developed with personalities they have created for them.
…
And Roneet Lived
Roneet passed one year ago today. I wrote the following for Roneet’s memorial service.
In the book of Genesis the chapter discussing the death of Sarah is called “The Life of Sarah” while the one dedicated to the death of Jacob is called “And Jacob Lived”.
…
More Haikus
Please note that since the S.E.C. thinks some of my blogs crossover in terms of promoting CWS or making investment recommendations, they now need to be reviewed by our Chief Compliance Officer before being posted. As a result, after this week I anticipate that future blogs will be posted on Tuesday.
…