As originally appeared in The Jerusalem Post on February 21st, 2020. In a rising market, enough of your bad ideas will pay off so that you’ll never learn that you should have fewer ideas. Daniel Kahneman What is the fastest-growing financial asset used by investors over the last 10-15 years? The answer: Exchange Traded Funds (ETF). As […]
As originally appeared in The Jerusalem Post on January 30th, 2020. Age is a case of mind over matter. If you don’t mind, it don’t matter. -Satchel Paige It’s birthday season in our family. This week my father turned 90 and my dear wife turned 29 again (they should both live and be well until 120- though it’s […]
As originally appeared in The Jerusalem Post on January 23rd, 2020. My theory on housework is, if the item doesn’t multiply, smell, catch fire, or block the refrigerator door, let it be. No one else cares. Why should you? Erma Bombeck As Shabbat approaches in the Katsman home, you can feel the tension build. It hits its […]
As originally appeared in The Jerusalem Post on January 16th, 2020. Fear of death increases in exact proportion to increase in wealth. Ernest Hemingway What would you do if you came into a bunch of money? Travel, buy a new car, and maybe give a little charity. For many, it’s all about short-term improvement in their standard […]
As originally appeared in The Jerusalem Post on January 10th, 2020. If you ever start feeling like you have the goofiest, craziest, most dysfunctional family in the world, all you have to do is go to a state fair. Because five minutes at the fair, you’ll be going, ‘you know, we’re alright. We are dang near royalty.’ […]
As originally appeared in The Jerusalem Post on January 3rd, 2020. As a general thing, I have not ‘duped the world’ nor attempted to do so… I have generally given people the worth of their money twice told. P. T. Barnum Every year when we get to this week’s Torah portion of Vayigash, I become frustrated that […]
As originally appeared in The Jerusalem Post on December 13th, 2019. I think you just prepare the way you’ve always prepared and go about the game the same way and see where you stand at the end of the year. Christian Yelich Investors tend to have very short memories. Last year at this time we were in […]
As originally appeared in The Jerusalem Post on December 6th, 2019. It’s strange because you – your life goes so swiftly. You look up one day you’re a teenager, the next day you’re a grandfather and you want to decide, ‘I sure hope my kids don’t make the same mistakes.’ George Foreman A couple of weeks ago […]
As originally appeared in The Jerusalem Post on November 29th, 2019. You know you’re getting old when you get that one candle on the cake. It’s like, ‘See if you can blow this out.’ Jerry Seinfeld When sitting with prospective clients I ask them about the level of risk there are comfortable taking in their portfolio. The […]
As originally appeared in The Jerusalem Post on November 22nd, 2019. Real people have trouble balancing their checkbooks, much less calculating how much they need to save for retirement; they sometimes binge on food, drink, or high-definition televisions. They are more like Homer Simpson than Mr. Spock. -Richard Thaler I recently had a meeting with a couple […]
