Details Are Part of Our Difference
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
David Booth on How to Choose an Advisor
The One Minute Audio Clip You Need to Hear
Category: Philosophy
Simplify with Mint.com
We’re always on the lookout for financial tools that assist in bringing simplicity and transparency to our lives and Mint.com stands out as one worth sharing. Their cloud-based platform provides a summary of your financial situation by consolidating everything: credit cards, bank accounts, investment accounts, loans/mortgages, and more. Whether you’re comfortable viewing your information on a desktop computer or a smartphone, both interfaces allow for total visibility. With just a few clicks, Mint.com’s balance summary appears alongside any goals or budgets you’ve defined. Best of all, their service is free. Take a look, and let us know what you think.
Data Data Everywhere
Using data and evidence to make better decisions is one of our foundational beliefs, yet some of the sports world is just finally catching on.
The May episode of 60 Minutes Sports on Showtime looks at the use of analytics in the NBA. The episode features the MIT Sloan Sports Analytics Conference and shows how data is helping teams make better decisions about players and players make better decisions on the court.
Much like when traditional investment wisdom was turned on its head, the NBA has learned that it’s not always the highest vertical jump, the fastest dribbler or the most slam dunks that indicate the best recruit or combination of players. As their understanding of the data continues to evolve, it helps coaches and owners make more informed decisions for the long run.
You can watch a trailer of “The Revolution of Sports Analytics” report or Showtime subscribers can watch the full episode (Episode 5) OnDemand or via Showtime. More information and links are available here.
Context is Everything
Hill Investment Group’s penchant for boiling down complex issues into simple visual ideas is one of the many things I believe sets us apart. It’s a piece of what made Hill immediately comfortable to me, as over the past decade I’ve been applying these concepts to the communication of personal financial data.
Academic studies show that people only remember a tiny percentage of what they hear and only slightly more of what they read. But we retain a majority of what we see and actively experience—and the use of color can even further increase understanding.
Having clarity in financial infrastructure—particularly in complex situations—is critical to contextual financial decision-making. Visualization techniques have proven a highly effective manner for providing that clearly.
I look forward to further exploring how visualization impacts financial understanding and, ultimately, success.