Author name: Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.

People With Low Emotional Intelligence Display These 5 Behaviors According to Warren Buffett

People With Low Emotional Intelligence Display These 5 Behaviors, According to Warren Buffett

Warren Buffett is widely regarded as the greatest investor of the modern era. But many who study him closely argue that his real edge was never purely analytical. Buffett himself has said that investing is largely a test of character, not intellect. The behaviors that destroy wealth, he believes, almost always trace back to emotional […]

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5 Things the Working Class Thinks Are Assets but Are Liabilities

5 Things the Working Class Thinks Are Assets but Are Liabilities

Most people grow up believing they are building wealth. They buy homes, finance cars, fill closets with expensive things, and call it progress. But there is a critical difference between what feels like an asset and what actually functions as one on a balance sheet. The wealthy understand this distinction clearly. The working class, unfortunately,

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How to Remain Calm in Any Situation According to Charlie Munger

How to Remain Calm in Any Situation According to Charlie Munger

Charlie Munger, the late Vice Chairman of Berkshire Hathaway and lifelong business partner of Warren Buffett, was one of the most admired minds in the history of investing. He was known not just for his financial success but also for his extraordinary ability to stay composed when others were panicking. Munger spent decades studying human

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5 Signs You’re Moving From Middle Class To Rich, According To Warren Buffett

5 Signs You’re Moving From Middle Class To Rich, According To Warren Buffett

Warren Buffett doesn’t publish listicles online. He writes shareholder letters, takes the stage in Omaha, and answers questions from investors who drove in from across the country. But across decades of those letters and Q&A sessions, a clear roadmap has emerged for anyone paying close attention. Moving from the middle class to the wealthy isn’t

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5 Odd Behaviors That Point to an Extremely High IQ According to Charlie Munger

5 Odd Behaviors That Point to an Extremely High IQ According to Charlie Munger

Charlie Munger, the late vice-chairman of Berkshire Hathaway, spent decades studying what separated truly exceptional thinkers from everyone else. His conclusion was striking: high intelligence wasn’t simply about raw processing power. It was about rationality, intellectual honesty, and the rare ability to sidestep the cognitive traps that ensnare most people. Through his speeches, interviews, and

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5 Things You Should Always Keep Private According to Warren Buffett

5 Things You Should Always Keep Private According to Warren Buffett

Warren Buffett has built one of the greatest fortunes in history not just through brilliant investing, but through a disciplined philosophy of life. Much of that philosophy centers on restraint, specifically, knowing when to stay quiet. His speeches, Q&A sessions at annual meetings, and decades of interviews reveal a consistent set of principles around discretion.

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10 Signs You’re A PDAer, The World’s Rarest Neurodivergent Type

10 Signs You’re A PDAer, The World’s Rarest Neurodivergent Type

Most people have heard of autism and ADHD, but far fewer have encountered the term PDA. It stands for Pathological Demand Avoidance, though many in the neurodivergent community now prefer the name Persistent Drive for Autonomy, which better reflects the experience without pathologizing it. PDA is considered a profile on the autism spectrum rather than

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Warren Buffett Says This Is the Most Important Investment You Can Ever Make

Warren Buffett Says This Is the Most Important Investment You Can Ever Make

Warren Buffett, the “Oracle of Omaha,” has spent decades mastering the art of capital allocation. He has built one of the greatest fortunes in history through Berkshire Hathaway, compounding returns across bull markets, bear markets, recessions, and booms. Yet the single most important investment Buffett recommends has nothing to do with equities, real estate, or

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Dave Ramsey's Best Advice on How To Read People Like A Book

Dave Ramsey’s Best Advice on How To Read People Like A Book

One of the most valuable skills you can develop in business and in life is the ability to understand people quickly. Dave Ramsey, the personal finance expert and founder of Ramsey Solutions, has spent decades studying what makes people tick. His insights go far beyond generic advice. He has built a system for identifying character,

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Charlie Munger's Best Advice on Investing in S&P 500 Index Funds

Charlie Munger’s Best Advice on Investing in S&P 500 Index Funds

Charlie Munger spent decades building one of the greatest investment records in history alongside Warren Buffett at Berkshire Hathaway. He was a concentrated stock picker who believed in owning a small number of exceptional businesses and holding them for the long term. Yet despite his own approach, Munger consistently told ordinary investors to do something

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10 Signs You Have Neurodivergent Intelligence: The Rarest Mental Abilities, According to Psychology

10 Signs You Have Neurodivergent Intelligence: The Rarest Mental Abilities, According to Psychology

Not all intelligence looks the same. While traditional systems reward steady attention, rule-following, and linear thinking, some of the most powerful minds operate on an entirely different frequency. Neurodivergent intelligence refers to cognitive patterns commonly associated with conditions like ADHD, autism spectrum traits, and dyslexia, producing high-variance, nonlinear mental strengths that standard measures often miss.

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5 Signs You’re Moving From Middle Class To Rich, According To Charlie Munger

5 Signs You’re Moving From Middle Class To Rich, According To Charlie Munger

Charlie Munger spent decades studying why some people build lasting wealth while others spend their entire lives struggling to get ahead. As Warren Buffett’s longtime partner at Berkshire Hathaway, Munger developed a body of financial wisdom that went far beyond stock picks and balance sheets. His core insight was simple but profound: the gap between

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5 Things That Scream “I’m Pretending to Be Upper Class” according to Warren Buffett

5 Things That Scream “I’m Pretending to Be Upper Class” according to Warren Buffett

Warren Buffett has spent decades building one of the greatest fortunes in history, yet he still lives in the same Omaha home he purchased in 1958. He drives himself to work, drinks Cherry Coke, and skips the caviar in favor of a McDonald’s breakfast. For Buffett, the performance of wealth and the reality of wealth

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Charlie Munger: The Inversion Process Is The Quickest Way To Find Out What You Need To Succeed

Charlie Munger: The Inversion Process Is The Quickest Way To Find Out What You Need To Succeed

Most people spend their lives chasing success. They read about winners, study their habits, and try to replicate what worked for someone else. Charlie Munger, the longtime business partner of Warren Buffett and one of the greatest minds in investing history, took a different approach entirely. He turned the question upside down. Instead of asking

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What Percentage of Americans Are In The Upper, Middle, & Lower Class in 2026?

What Percentage of Americans Are In The Upper, Middle, & Lower Class in 2026?

Understanding where you stand financially requires more than checking your bank account. In 2026, the boundaries of social class have shifted considerably from what previous generations considered normal. Whether you feel secure, stretched, or somewhere in between, the numbers behind America’s class structure may surprise you. Here is a detailed look at where most Americans

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Warren Buffett Warns: Stop Buying These 5 Things Immediately

Warren Buffett Warns: Stop Buying These 5 Things Immediately

Warren Buffett has spent decades building one of the greatest fortunes in history, and he has been remarkably open about the financial traps that derail ordinary people from building lasting wealth. His warnings are not just about what to buy. They are equally about what to stop buying. These five spending and investing habits quietly

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10 Big Differences Between Being Wealthy and Just Looking Wealthy

10 Big Differences Between Being Wealthy and Just Looking Wealthy

There is a quiet gap running through modern financial life that most people never notice. Some people build real, lasting wealth while others spend their lives projecting the image of it. The two groups can look identical from the outside, but their decisions, habits, and long-term outcomes are worlds apart. Understanding the difference is not

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5 Habits of Mentally Strong People, According to Warren Buffett

5 Habits of Mentally Strong People, According to Warren Buffett

Warren Buffett is widely regarded as the greatest investor of all time, but his most important lessons have little to do with stock picks or financial models. What separates Buffett from the crowd is something far harder to teach: mental strength. Over the decades, in shareholder letters, annual meetings, and interviews, Buffett has repeatedly emphasized

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Charlie Munger’s Best Advice on How To Read People Like A Book

Charlie Munger’s Best Advice on How To Read People Like A Book

Charlie Munger spent decades studying human behavior with the same rigor he applied to business analysis. The result was a remarkably reliable ability to predict how people would act, make decisions, and ultimately succeed or fail. His approach had nothing to do with intuition or charm. It was a systematic method built on psychology, incentives,

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Warren Buffett: The “Toll Bridge” Strategy That Quietly Builds Wealth Over Time

Warren Buffett: The “Toll Bridge” Strategy That Quietly Builds Wealth Over Time

Warren Buffett has spent decades searching for a specific kind of business. Not the flashiest, not the fastest-growing, and not the one generating the most headlines. He looks for businesses that sit at the center of economic activity and collect a small fee every time the world moves through them. He calls this the “toll

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