Chris Plahm @chrisplahm
Managing Partner Stonebridge Wealth Management, LLC & Portfolio Manager Tall Pines Capital, LLC @tallpinescap stonebridgewm.com Lemont, IL Joined September 2012-
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You’re not truly ready for battle until you’ve pulled an alcoholic in a sleigh across the Russian countryside like a goddamn Italian reindeer.
There have been worse months for new releases. @morganhousel @naval @EricJorgenson
“Remember, my son, that any man who is a bear on the future of this country will go broke.” JP Morgan, 1908.
Too many people try to predict the short term macro environment and stock market and invest accordingly. It’s should fall in too hard pile to predict. “It’s not what we don’t know that gets us in trouble, it’s what we know for certain that just isn’t true.”
This is great.
Good investing is 50% psychology, 48% history, 2% finance.
🔥🔥👇
“We are deterministic thinkers living in a probabilistic world. We crave certainty about how things will unfold. This is precisely why we fall for predictions and forecasts.” Jim O’Shaughnessy @jposhaughnessy
“I don’t let people do projections for me because I don’t like throwing up on my desk.” ~Charlie Munger
😂🔥🔥
It’s hard for majority of public to comprehend the difference between volatility and risk as it relates to their investment portfolio. We spend a majority of our time educating on this aspect. When portfolios are going up it’s easy to do the right thing.
Jim- per our conversation last week I thought equity trade costs was decent barrier to canvas scaling but how quickly things change. The equity free commission war at the custodians is huge news for a platform like canvas. @patrick_oshag @jposhaughnessy
You will have a hard time finding any sub 300 million market cap businesses in your 401k, IRA, or taxable investment account via ETFs or mutual funds. It isn’t a asset class that fund companies can make material enough fees. So they don’t offer it.
Last nights dinner was epic. @BrentBeshore refused to let me sit alone at the head of the table @jposhaughnessy did most of the talking @morganhousel shared dessert with Jim @joshtarasoff is alive @saurabh_madaan came later @MikeDDKing @jtkoster @harrimanhouse @chrisplahm
From two years ago. Time flies when you're having fun. @BrentBeshore @morganhousel @ShaneAParrish @Gautam__Baid @iddings_sean @chrisplahm @MikeDDKing @jtkoster @ghouyou
From two years ago. Time flies when you're having fun. @BrentBeshore @morganhousel @ShaneAParrish @Gautam__Baid @iddings_sean @chrisplahm @MikeDDKing @jtkoster @ghouyou
🔥🔥tweet. My favorite part of @TheCapitalCamp was a quick intro to @jposhaughnessy from @iancassel.
🔥🔥tweet. My favorite part of @TheCapitalCamp was a quick intro to @jposhaughnessy from @iancassel.
Timeless: Science, math, philosophy, rhetoric. First principles. Creating art & business. Family & lifelong friends. Habits to calm mind & body. Temporary: Politics, news, entertainment. Memorizing facts. Hourly work. Transactional relationships. Drugs & doctors for mind & body.

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