Riz

Just a guy with a cynical sense of humour in Canada. I'm a realist... it's that line in between optimism and pessimism

[Peter Mallouk @PeterMallouk]

You don't need to predict when the next big correction is coming.
You need a plan for what you'll do when it arrives.

[Dividendology @dividendology]

Think valuations look crazy right now?

This is what they looked like during the 'Dot Com' bubble:

[Peter Mallouk @PeterMallouk]

Excellent breakdown of cognitive biases.

[Peter Mallouk @PeterMallouk]

Pro Friendship Tip:
If you have a friend starting up a business, look for ways to support. If your friend opens a pizza shop, your first thought should be to take your friends to all buy some pizza, not to ask for free meals.

[Ritholtz @RitholtzWealth]

The Super Rich

"More super-rich people means the regular old rich people don’t feel nearly as special. This is how you get rich people who consider themselves middle class."

https://t.co/K6qSn7vAag

by @awealthofcs

[Dividendology @dividendology]

The market over the last month has taken a serious pull back.

Where do you see the opportunities?

[Peter Mallouk @PeterMallouk]

Start of 2025: ‘Why should I own anything outside of the US?’

14 months later: South Korea +204%, Peru +143%, South Africa +108% … S&P 500 +18%.

The future is unknown. That’s why you diversify.

[Peter Mallouk @PeterMallouk]

💯

[Peter Mallouk @PeterMallouk]

The longer you play in a casino, the greater the odds you lose. The longer you own a diversified portfolio of stocks, the greater the odds you win. The only similarity between investing and a casino is that if you do it right, you’re the house.

[Today Years Old @todayyearsold]

I’ve always used long nose pliers 🤯

[Peter Mallouk @PeterMallouk]

The market is going to have a negative return about 1 in every 4 years.
You can expect a drop of over 10% nearly every year.
You can expect a drop of over 20% about every 5 years.
Successful investors know this. If you can't accept it, the stock market isn't for you.

[Peter Mallouk @PeterMallouk]

If you have 100% of the same viewpoints you held 10 years ago, then it's likely you've long ago lost your ability to think critically.

[Peter Mallouk @PeterMallouk]

May as well stop caring now...

[Peter Mallouk @PeterMallouk]

Wealth isn’t about buying more stuff.
It’s about buying more freedom.
Freedom to retire.
Freedom to help family.
Freedom to say no.
Freedom to do what’s most meaningful to you.

[Peter Mallouk @PeterMallouk]

Play the long game…

[Charlie Bilello @charliebilello]

Bull markets have lasted 5x longer than bear markets on average.

Bulls: +254% over 5 years 🐂
Bears: –31% over 1 year 🐻

Markets spend far more time growing wealth than destroying it. Why interrupting compounding is the biggest risk of all.

Video: https://t.co/LsAWVOA05y

[Peter Mallouk @PeterMallouk]

To my younger followers, please don’t listen to the idiots on X that say education doesn’t matter. It’s not the only path, but nothing helps your odds of success more.