Rounding up the top reads from around the web, as shared by fellow investors or myself in the Financial Horse Facebook Group.
Here’s wishing all readers a great and prosperous Chinese New Year! 🙂
Even God Couldn’t Beat Dollar Cost Averaging (Of Dollars and Data)On market timing vs buy and hold
Banks Part I: Capital Adequacy (Reality Inversion)Nice introduction to the topic of capital adequacy for banks.
Pricing Power (pt 2) Intellectual Property (Epsilon Theory)“No one has loyalty to a robo-advisor. There is no relationship here, beyond whatever halo effect is generated by the brand label on the machine. And believe me, halo effects are the first and immediate casualty of a
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