The Green Lumber Fallacy

The Green Lumber Fallacy, outlined in Nassim Taleb’s book Antifragile: Things That Gain From Disorder, is the idea that "a supposed understanding of an investment rationale, a narrative or a theoretical model" is often more unhelpful than helpful in practical trading/investing.

Read More
Kim Snider
What Are You Really Investing In When You Buy A Cryptocurrency?

Today we are going to tackle an important question … a very sane question … what ARE you really investing in when you buy a Bitcoin or any of these other cryptocurrencies? And … are all of these coins created equal?

I think this is important because people are rushing into crypto, without understanding ... thinking they are buying something like a stock … and it very much isn’t. 

Read More
Kim Snider
Does risk matter in a cryptocurrency portfolio??

Most amateur investors make the mistake of chasing returns. 

In the world of crypto-currencies, this manifests as investing in the hot alt-coin of the moment, investing in cheap coins so you can buy more in case it pops and trying to day trade or swing trade.

Chasing returns is a rookie mistake that eventually turns out to be VERY expensive. 

Read More
Kim Snider