An investing journal
Practical notes on investing, personal finance, and the decisions that shape long-term financial outcomes.
Sep 30th, 2026 · 9 min read
Most of the market's gains come from a small number of extreme winners, and many individual stocks suffer permanent losses, which makes concentrated positions riskier than they look. Plus, why concentration can be hard to avoid.
Sep 26th, 2026 · 9 min read
A close look at why diversification might matter more than control when choosing between individual bonds and bond funds.
