Kelechi Iwuaba

PRESIDENT BARACK OBAMA told Vanity Fair, “You’ll see I wear only gray or blue suits. I’m trying to pare down decisions. I don’t want to make decisions about what I’m eating or wearing. Because I have too many other decisions to make.”
He believed that spending mental energy to make an inconsequential decision about clothes early in the day might lead to a bad decision on a consequential matter for the country later in the day.

NETFLIX ISSUED ITS third-quarter earnings report last month—and it was stellar. Just when everyone thought its growth was done, the streaming service added 2.4 million new subscribers. Quarterly revenue increased 5.9% year over year to $7.93 billion.
More important, cash from operations and free cash flow grew rapidly, up 261% and 14% respectively. For long-term investors, these are the metrics that matter most because they show the business is making money.
Netflix wanted us to know this,

I WAS IN NEW YORK visiting my sister a few weeks ago when I saw a sign that read “Delay = Denial.” For me, that simple yet profound statement immediately struck a chord.
The sign was referring to climate change. Yet I could see how this plays out in other areas of my life. I began asking myself, what causes us to delay or deny the obvious?
I reached one clear conclusion: complexity. The things we tend to delay the longest are the things we believe to be too complicated.

AS A RELATIVE newcomer to the wonderful world of personal finance and investing, I’m quickly learning that there’s more to money than numbers. I’m discovering from my own experiences, as well as that of others, that psychology plays a huge role in how we handle our finances.
We’re human beings, not machines. We aren’t completely logical. Yes, logic helps the process, but logic isn’t how we regularly process and digest information. Instead, we’re driven primarily by our emotions.