David BoothAuthor of New York Times bestseller Stay Calm This Isn’t the First Anxious Generation. Here’s Why I’m Still Optimistic. I was reading an article recently that captures how many people are feeling right now. “At the moment, economists have some very mixed views of the whole economic situation,” it noted. One analyst said the economy had gotten out of control. Others described it as “scary.” Most expressed heightened worry about current trends and public sentiment. I mention this not...
6 days ago • 6 min read
David BoothAuthor of New York Times bestseller Stay Calm What Does Safety Mean to You? After a screening of the Errol Morris film Tune Out the Noise, a colleague overheard two women talking about it. “What did you think?” one asked. The other thought a moment and said, “It made me feel safe.” That one sentence made me so proud, because the reason we decided to work with the Academy Award-winning director was to help more people discover there’s a better way to invest. But I want to be careful...
20 days ago • 6 min read
David BoothAuthor of New York Times bestseller Stay Calm The Perils of Prediction Markets I feel about prediction markets the way I feel about drugs—they’re probably not a good idea. Prediction markets, which allow people to wager on real-world events such as elections and flight delays with a few clicks, are just the latest example of people being taught to view every uncertain outcome as an opportunity to place a bet. And they can be addictive, especially for young people chasing an instant...
about 1 month ago • 5 min read
David BoothAuthor of New York Times bestseller Stay Calm Readers Share Stories of Teachers Who Made a Difference A few weeks ago, I shared a story with newsletter subscribers about the high school math teacher who changed my life. Mrs. McReynolds believed in me when I momentarily stopped believing in myself. She encouraged me to keep studying advanced math after poor performance on a test left me devastated and discouraged about moving forward with a subject I loved. I also posted the story...
about 2 months ago • 3 min read
David BoothAuthor of New York Times bestseller Stay Calm Photos courtesy of Wini Lao Photography Becoming a Transformed Investor It’s been a big week. I’m thrilled by the positive response to Stay Calm and grateful for the opportunity to share the book’s lessons. As a special thank- you for being a subscriber, I wanted to share one of my favorite stories from the book: A few core principles have guided me throughout my life: sound scientific evidence and the discipline to stick with your plan...
2 months ago • 5 min read
David BoothAuthor of New York Times bestseller Stay Calm Today’s the Day to Stay Calm Today’s the day. Stay Calm is officially out. I wrote the book because I wanted to showcase the science and mindset that can help us stay calm in investing and life. I hope it helps more people understand how public markets really work so they can have a better investment experience. At its core, investing is about managing uncertainty. And that’s something we all understand simply by living our lives....
2 months ago • 3 min read
David BoothAuthor of New York Times bestseller Stay Calm Bonus Edition: The Calm Before Stay Calm The official publication of my book Stay Calm is nearly here—a moment I’ve been anticipating for years. I’m looking forward to the opportunity to help people feel calmer and more confident about investing. Ahead of the book's release tomorrow, I want to share a sneak peek with subscribers: Stay Calm isn’t a book about how to invest. It’s a book about how to think about investing. It’s not about...
2 months ago • 5 min read
David BoothAuthor of New York Times bestseller Stay Calm Who’s Your Mrs. McReynolds? During my senior year of high school, I was taking calculus from a teacher named Mrs. McReynolds. She was middle-aged and no-nonsense, and I was doing well in her class until the last week of the fall semester, when I came down with the worst flu of my life. I could barely get out of bed. But I had to take the calculus final on the assigned date or lose my chance at earning college credit. I took the test in...
3 months ago • 5 min read
David BoothAuthor of New York Times bestseller Stay Calm Be a Long-Term Investor in Life After 50-plus years in finance, I’ve come to believe that the same habits that make a good investor make for a good life. Start with seeing the opportunity in uncertainty. In investing, returns provide compensation for taking on the financial risks of uncertainty. Risk and reward are directly related. In many ways, the same is true outside the market. We move to a new city, change jobs, get married, and...
3 months ago • 5 min read
David BoothAuthor of New York Times bestseller Stay Calm Patient Trading in Life A while back, I took a friend on a tour of our global headquarters in Austin. As we walked the trading floor, my friend was struck by the state of calm he found there. Nobody was rushing or screaming. Nobody looked upset. If you didn’t know what you were looking at, you might have thought not much was happening at all. But a lot was happening. These traders were doing something we’ve practiced since the very...
3 months ago • 6 min read