Frank D. (fgd1031)'s Public Profile in the Diigo Community

Member since Aug 04, 2006, follows 0 people, 4 public groups, 1571 public bookmarks (1651 total).

More »

Tags

Recent Tags:	parenting(0), twitter(0), blackberry(0), mac(0), personal development(0), music(0), education(0), diy(0), GTD(0), google(0), investing(0), macbook(0), economics(0), leadership(0), yoga(0), exercises(0), wellness(0), spiritual(0), itunes(0)
Top Tags:	delicious(995), furl(130), personal development(105), web2.0(94), mac(90), toread(89), GTD(84), tools(76), search(73), music(74)

More »

Recent Bookmarks and Annotations

Dumbbell Upright Row on 2009-11-23
Dumbbell Bent-over Row on 2009-11-23
Save Pandora MP3 Streams with Pandoras Jar on 2009-11-23
eLearning Blog // Don't Waste Your Time » Google Wave in education on 2009-11-17
AppleInsider | Report: Apple to launch Verizon iPhone in Q3 2010 on 2009-11-10
The Year's Best New Jazz on 2009-10-29
Giantmike.com: MacBook/MacBook Pro Battery Life Tips on 2009-10-26
First Listen: R.E.M. Live At The Olympia : NPR on 2009-10-22
Is Buy and Hold Dead? - Yahoo! Finance on 2009-10-22
- Jason Zweig's latest book, Your Money and Your Brain, looks at how the brain
  responds when making real-life financial decisions.
- make big decisions when they should be making small ones
- 10 more annotations...
- - they make impulsive decisions
  - The other thing that neuroeconomics suggests goes on in people's minds in a time
    of market panic is the automatic perception of illusory patterns--detecting
    "trends" in random data that simply are not there.
  - And I think one of the ways you need to do that is that you need to imagine the
    future. And you need to frame the decision as "Let's make sure we do something
    today that we won't regret six months, a year, five years from now."
  - And if you've never really practiced what it's like to make a decision in a
    global financial panic, you can make panicky decisions in a global financial
    panic, and you'll crash your plane and you'll kill everybody. But if you've
    practiced how to stay calm and make a good decision, you stand a better chance
    of being able to do it. Repetition is the key to calmness.
  - thought diversification means that if you combine uncorrelated assets you end up
    with a portfolio that won't go down in value. And that's not what
    diversification means.
  - All it ever meant is that if you have assets that are statistically not highly
    correlated, putting them together will give you a better trade-off of risk and
    return.
  - If you look at what happened in the financial crisis, that's what you got.
    People who owned some stocks and some bonds did better than people who owned all
    stocks. People who had some other assets in there did better still. The fact
    that the U.S. market went down 37% and foreign stocks and emerging markets
    stocks went down also doesn't mean that diversification didn't work, because
    they didn't all go down exactly 37%. Diversification did work for exactly that
    reason--you got different rates of return. People want diversification to
    produce a positive return out of some asset when their favorite asset is down.
    But there are no guarantees. Diversification isn't a form of insurance, it's
    just a form of risk control.
  - I guess the overriding point is in my opinion it's extraordinarily difficult to
    pick individual securities that will outperform a market benchmark, but I happen
    to think it's even harder to select managers who will outperform a category
    average.
  - Like Morningstar, for many years I've been almost obsessed with the concept of
    dollar-weighted returns as opposed to the time-weighted returns that everyone
    reports.
  - But the real debate should be about percentage points, not basis points. And the
    percentage-point-gaps are the gaps between the returns of the investment and the
    returns of investors.
Manifest Your Potential: Reveal Who You Are And Can Become on 2009-09-25

More »

Bookmark Lists

Bible Verses

More »

Groups

Catholic

52 members, 12852 items

Welcome! This is a group for those who are Catholic and those who have an interest in learning more about our Holy Catholic Faith. This group is faithful to Holy Mother Church and the teachings of the Magisterium.
Diigo Community

1091 members, 3456 items

Share your review, tips, tricks, and ideas for using Diigo here, and discuss our features, ideas for new features, anything Diigo related. Note that bookmarks posted to this group have no relation to 'Hot Bookmarks from the Diigo Community'.
The Apple Group

553 members, 1393 items

This is the group for everything Apple. From Mac Mini to the iPhone...
The Christian Web Source

48 members, 165 items

A space to submit and share useful Christian resources, reference pages, and news items of interest.