Bias for Day Traders

Bias will make you poor and it will make you poor without you even knowing it. See, the human mind is programmed to respond in certain and specific ways to things like loss, change, lack of control, and the way we process information. Since humans are the primary decision makers of the markets, it’s very…

The Scientific Approach to Investing

If you’re one of the lucky ones, you’ve made it past 6th grade, where you probably learned about the scientific method for the first time.  You probably had to apply the scientific method while dissecting some little animal (who, by the way, had it coming) and you would make sure you went through all the…

Financial Analysis of the Balance Sheet: Part III

Since I covered a decent portion of the assets on the balance sheet in the previous two articles, we’re going to go to liabilities.  Liabilities, just like assets, are broken into two sections: noncurrent (long-term) and current (short-term).  Today, we’re covering a little bit of each, which include short-term debt, accounts payable and long-term debt….