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I owe so much of who I am today to my original market mentor, Van Tharp. His influence on me (and thousands of others) is undeniable. And as I look back over the past 25+ years, I see so many subtle (and a few not-so-subtle) marks that he has left on us and the investing and trading community. What I’d like to do today is share the three most meaningful and useful ways that Van encouraged and mentored me. Then I’ll give some very actionable ways that you can use […]

When Van Tharp first explained to me perhaps the most important financial concept that I’ve ever heard, my mind rejected it immediately. My engineering-trained, logical/linear brain could not accept this simple precept: We don’t trade the markets. We trade our beliefs about the markets. What kind of touchy-feely stuff was that? The markets are about cold, objective analysis, right? Everybody knows that. But over the next 25 years I’d come to realize over and over again how true this core concept is in both big and small ways. Similarly, the