It’s not something most investors plan for, and it doesn’t show up on any statement. But under the wrong conditions, it can completely alter the trajectory of decades of work.
Topics Discussed
- Why fluid intelligence and investment decision-making are connected.
- What separates a knowledge problem from a processing problem.
- What the gap between confidence and capability looks like in later-stage investing.
- Why self-directing investments in retirement is its own category of risk.
- What 36 years of geopolitical data shows about market behavior.
Resources Mentioned:
Tags:
ER docs, emergency medicine, fluid intelligence, crystallized intelligence, behavioral finance, geopolitical risk, retirement portfolio risk, investing, capital gains tax, wash sale rule, portfolio survivability
