Once upon a time, there lived a man who owned a very special tree called a “cornucopia tree.” Now, as we all know, the word “cornucopia” comes from the 
Latin word meaning “horn of plenty.” Ancient mythology held it as a horn producing an endless supply of food and drink. Traditionally, Americans display a cornucopia at their Thanksgiving table, symbolizing our gratitude for all the Lord has given us.
Well, this cornucopia tree produced everything the man’s family needed to survive. From its branches grew all sorts of food and drink, the wood they needed to build their house and to heat it, as well as the clothes they wore to protect them. One day, the cornucopia produced two identical eggs. The man, now very old, knew what this meant,Continue Reading “The Cornucopia Tree”
Should You Slap A Simple Single Or Swing For The Fences?
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This could easily become a column on successful investing, but it’s not. It does, however, reflect a Noble Prize-winning concept that has propelled successful investors for more than half a century. It’s simple. I’ll explain it quickly.
Every investment option possesses two critical factors: risk and return. Scholars credit economist Harry Markowitz as the first to identify the correlation of risk and return. In his 1952 paper “Portfolio Selection,” Markowitz, the father of “Modern Portfolio Theory,” says low-risk investments can yield low returns and high-risk investments must yield high returns. The “can” and “must” refer to the price you should reasonably pay for the investment.
But this column isn’t about successful investing, it’s about life. Specifically, your life. More precisely, the choices you face in your life. Understanding the dichotomy between “low-Continue Reading “Should You Slap A Simple Single Or Swing For The Fences?”