Stuart Ritchie

Glaswegian, living in Dubai, Managing Partner at GSB. Chartered Financial Planner, Chartered FCSI & Chartered Wealth Manager.

[𝗠𝗶𝗰𝗵𝗮𝗲𝗹 @RFC_Michael_]

📅 On This Day: 1st May 2008.

The ten-men of Rangers edged into the UEFA Cup Final after a dramatic penalty shoot-out victory over Fiorentina!

[MichaelKitces @MichaelKitces]

In terms of team size, both revenue per team member and revenue per employee increase until you hit 3 members, after which point the former plateaus and the latter declines. We observe that 3-member "triangle teams" - composed of a Senior Advisor, Associate Advisor, and CSA - are ideal for maximizing productivity.

For those interested in this research now, our 2024 Productivity Report is publicly available here: https://t.co/pIdCx6PtXm

[Peter Mallouk @PeterMallouk]

Absolutely insane stat:
Just 3.7% of stocks created 100% of U.S. stock market wealth over the last century.
Miss a handful of winners … and you miss the market.
That’s why you need to diversify.

[Peter Mallouk @PeterMallouk]

Actively trading stocks to try to beat the market is a loser's game.

[Steve Burns @SJosephBurns]

Berkshire Hathaway now has $373 Billion in Cash, enough to buy 480 companies in the S&P 500: 😳

[Robin Powell @RobinJPowell]

The five stocks that carried the entire UK market: Shell, BP, HSBC, BAT, AstraZeneca.

Your index fund already owns all of them at full weight.

That's not a happy accident — it's the whole point.

[Robin Powell @RobinJPowell]

New UK research tracked every stock listed between 1975 and 2024.

The finding: just 3.1% of UK stocks generated ALL the real wealth created by the market over 50 years.

The other 97%? Collectively destroyed value.And the concentration is accelerating. 🧵

[Peter Mallouk @PeterMallouk]

Over the last 75 years, the average intra-year market drop has been 14%. If you are overly stressed out about the current 7% drawdown, the stock market isn’t for you. Downside volatility is the price investors pay for long-term outperformance.

[Heart & Hand Podcast @ibroxrocks]

The Greatest.

[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.

[Reads with Ravi @readswithravi]

James Clear: The ability to bounce back quickly is a key skill in life.

[James Clear @JamesClear]

Habits that have a high rate of return in life:

- sleeping 8+ hours each day

- lifting weights 3x week

- going for a walk each day

- saving at least 10 percent of your income

- reading every day

- drinking more water and less of everything else

- leaving your phone in another room while you work

[Alan Smith @AlanJLSmith]

The FTSE 100 is not a good indicator of the health of the UK economy.

The FTSE AIM index is - and the results aren’t good.

[Peter Mallouk @PeterMallouk]

The stock market goes down roughly once every four years, on average, and bear markets are a regular occurrence. Investors should embrace this risk because without the left side of this chart (downside) there would be no right side (upside).

[Shane Parrish @shaneparrish]

"One of the biggest things I learned from my grandfather was his little saying, which was PMA: positive mental attitude.

So in any scenario, you try to have a positive outlook regardless of the current circumstances.

That sounds kind of woo-wooy sometimes, or “always think positive” or whatever, but I have tried to become better at practicing it and teaching my kids how to practice it.

One way that you can do it is when you run up against something that feels kind of difficult or feels like you don’t feel confident about it, you try to rehearse it visually and you emphasize the good portions of what could happen. And this can happen either in retrospect or pre-visualization before the thing happens."

James Clear on The Knowledge Project

[James Clear @JamesClear]

Surround yourself with people who have the same goals as you. Rise together.

[Ray Dalio @RayDalio]

#principleoftheday

[Peter Mallouk @PeterMallouk]

Start of 2025: ‘Why should I own anything outside of the U.S.?’
End of 2025: South Korea +95%, Peru +87%, Spain +78% … S&P 500 +18%.
The future is unknown. That’s why you diversify.

[Money Wisdom @MoneyWisdom_]

Money Paradox:

A financial plan is priceless, even though it's almost certainly "wrong."

Why? Because no one can predict the future exactly.

But you can make smart assumptions. And prepare for the surprises life throws your way.

Turning unpredictability into confidence.