Housel on How to Stay Rich

In a bull market, stocks become expensive and stretched valuations leave little margin for error, writes Morgan Housel earlier this year in an article for the Collaborative Fund. This increases the chances that the bull market will end. “People and companies, whose behaviors are changed by their own success, are vulnerable to the same cycles,” […]

Morgan Housel: Discomfort the Key to Investing Success

 A key component of becoming a successful investor, writes Morgan Housel of the Collaborative Fund, is the “ability to be comfortable being uncomfortable.” Investors, he says, “have a fascination with no-brainers, obvious decisions, and easy money. The phrases should be chapter titles in a book on the ease of deluding yourself.” He argues that finding well-performing […]

The Genesis of Market Bubbles

The concept of market bubbles and how they come about is addressed in a recent report authored by Morgan Housel of Collaborative Fund. In the report, Housel supports the following arguments: Bubbles are an “unavoidable feature in markets where investors with different goals compete on the same field.” Bubbles are more closely related to “shrinking […]

Housel Says Investing is Also an Art Form

A provocative article penned by Collaborate Fund’s Morgan Housel describes how investing, like many fields, embodies both art and science. “Investing,” he writes, “is maybe 60% science, the rest art.” Some investors, he argues, “obsess over brand and intangibles. Others say ignore those and only look at fundamentals. Neither is right or wrong.” Housel uses […]

Housel on Competitive Advantage

Morgan Housel recently joined Collaborative Fund, a New York-based venture capital firm established in2010. In a blog posted earlier this month, he shares his insights on the importance of competitive advantage in business and offers five characteristics to ensure its sustainability: The ability to learn faster than your competition: “The world is filled with smart […]

Housel: Manager Communication with Investors is Key

“The most overlooked trait of investing success is communicating to your clients the softer and emotional side of investing,” writes Morgan Housel, partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. The premise of Housel’s blog post is that being a great investor is not necessarily the same as running […]

Morgan Housel on Progress

As presidential candidates take swings at each other regarding the troubling state of the economy and what needs to change, it might be a good time to reflect on how far we’ve come. In a recent article for the Collaborative Fund, which provides capital for entrepreneurs, Morgan Housel offers an impressive account of our country’s […]

Morgan Housel’s Farewell to Motley Fool

In his final column for the Motley Fool (posted August 30th), Morgan Housel reminisces about his early days and what he has learned in nine years with the multi-media financial services firm: Investment fees are falling. Investment costs are not. Housel writes that index fund fees now “round to zero. That’s a big win for […]

Think Twice before Listening to the Pessimists

During these post-Brexit days when hanging crepe seems to be the favorite pastime, one has to wonder why so many folks default to gloom-and-doom scenarios. Morgan Housel of The Motley Fool explains it this way: “Pessimism isn’t just more common than optimism, it also sounds smarter.” When it comes to investing, Housel differentiates between perceptions […]

Personal Finance is Personal Writes Housel

Financial analyst Morgan Housel draws a parallel between medicine and investing to make a simple, but important, point: “personal finance is deeply personal” so “coming up with a solution that lets you sleep at night, rather than one that’s academically superior, is how [a financial advisor] help[s] people.” He analogizes the “doctor knows best” era […]