Gary Carmell
Posted in Advice, Economy, Interest Rates, Investing, News, Stock History, Trends
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From Obama
This post is a blatant application of hindsight bias. We all now know that when Barack Obama won the election and subsequently took office, the economy was melting down and the financial markets were in a free fall around the globe. To refresh your memory, there was the bailout of AIG by the Fed,
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I was struck by the powerful insights set forth in an article I read recently on Bloomberg. The premise is that Donald Trump is the first post-literate President. Prior to the written word, and I would also add subsequently the printing press,
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Gary Carmell
Posted in Economy, Interest Rates, Investing, News, Psychology, Trends, Uncategorized, Wealth
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One of the driving forces in the economy and society that has made us bullish on apartments is what I like to call “Insecure Growth.” It’s a situation in which the economy continues to grow, albeit slowly, jobs are materializing, and households continue to be formed and yet there is an underlying insecurity and anxiety about job security and how long one might be in a particular location.
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“The only way to make sense out of change is to plunge into it, move with it, and join the dance.”
-Alan Watts
David Byrne famously sang “Watch out, you might get what you’re after” in Burning Down the House.
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Gary Carmell
Posted in Interest Rates, Investing, News, Stock History, Trends, Uncategorized, Wealth
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I am a huge fan of the Daily Shot. It is a daily composition of charts and interesting news clips that allow subscribers to get a very good feel for what is going on around the world in stock and bond markets,
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Gary Carmell
Posted in Economy, Interest Rates, Investing, Market Bubbles, News, Stock History, Trends
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This week [April 2015] the NASDAQ finally exceeded its previous high reached in March 2001. Here is a graph that shows what happens when a financial bubble bursts.
Since 2009, however, it has been essentially a straight shot upward as if nothing were going to get in its way from reclaiming a new high.
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In the famous opening and ending scenes of Dirty Harry, Clint Eastwood’s character asks the cornered criminal if he feels lucky. Does he think Harry Callahan’s 44 Magnum is out of bullets or does he think there is one left? Harry is going to pull the trigger regardless.
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“It is the mark of an educated mind to be able to entertain a thought without accepting it.”
–Aristotle
The fear of missing out can be a powerful motivator. Of course, taking action based on this fear can lead to both positive and negative consequences.
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I jokingly said to my wife that the following graph is the reason she can purchase a car she has had her eye on.
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Gary Carmell
Posted in Advice, Investing, News, Psychology, Trends, Uncategorized, Wealth
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You are probably wondering why the author, business executive, investor Gary Carmell, author of The Philosophical Investor Transforming Wisdom into Wealth is holding a banana!
A lot can be learned from a simple example.
[Video Transcribed]
My book focuses significantly on the powerful intersection between intelligent investing and intelligent living and the importance of having a way of viewing the world that is quite independent and quite authentic.
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