For this post, I’ve included a video that has received more than twenty million views. While it doesn’t have anything to do with investing, it is one of the most illuminating and instructive videos an investor could see all year. Actually, it carries a crucial message that can impact anyone’s life. Of course, I choose …
(Beauty) Value is Everywhere. You Just Need to Know How to Look For It Read More »
The Double-Whammy Decade A bond is an investment in which an issuer (an entity borrowing money) pays regular interest payments to an investor (a person or entity lending the money). The arrangement is completed in the future when the issuer pays back the original principal (borrowed money) to the investor. In this arrangement, the interest …
After more than 25 years in investment management, I am still amazed at the speed and efficiency by which the stock market operates, with the instantaneous unification of supply and demand and the resulting equilibrium pricing. However, as I wrote in my book, Taking Stock, this seemingly efficient market increasingly goes through such intense highs and …
In 2020 stock market volatility returned with a vengeance, creating market swings the likes of which we haven’t seen in a long while. We saw the market surge to new highs on top of correction-level declines – not just once, but several times – which can be unnerving even for the most patient of investors, …
Turning Stock Market Lemons into Lemonade with Tax-Loss Harvesting Read More »
We don’t make anything in this country anymore. While he didn’t say it quite that way, I assume that’s what a client of mine meant when he was lamenting the shrinking of our “tangible” economy. Now in his mid-sixties, my client, I’ll call him Nate, grew up around Pittsburgh when steel mills were firing 24/7 …
Should Investors Fear or Embrace the Experience Economy? Read More »
As 2020 mercifully draws to a close, index investors will look back on the year as one they would rather not repeat. After climbing to new heights early in 2020, the stock market took investors on one of the wildest rides in its history – from the market peak to the bear market low, then …
It’s Time to Dump the S&P 500 in Favor of the Russell 3000 Read More »