People often ask us what we do with our client portfolios during a market downturn. (For the record, we invest our own money the exact same way.) Evidence shows that making investment decisions during periods of high market volatility is the wrong thing to do...
My son Miles and I went to breakfast this morning before I dropped him off at preschool. We got a bacon, egg, and cheese biscuit for each of us and a donut to share, plus milk for him and coffee for me. I don't know...
If you can remember the passwords you use to secure your most sensitive financial information, if you use the same ones for multiple sites, or if you've written them down and stored them somewhere 'safe' (like the key under the mat), your data is at...
We are nearing the 10-year anniversary of the stock market’s incredible recovery following the Great Recession which saw stocks lose 50% or more of their value. Since March 9th, the S&P and Dow are up nearly 300% while the US Total Market index is up...
You remember Bitcoin, right? The flashy cryptocurrency that no one understood but everyone was talking about in 2017? It hasn’t been making as much noise lately, mostly due to the fact that the price has fallen from a high of nearly $20,000 per bitcoin to less than $3,500...
Remember that awful market drop starting in mid-September of last year? A strong market rally in January, the strongest in 30 years, is two thirds the way toward erasing it. The Fed pausing their rate increases for a while, China coming to the bargaining table...
In 1994, three of the brightest, most successful and fiercely calculating minds in finance formed a hedge fund called Long-Term Capital Management (LTCM). John W. Meriwether, former head of bond trading at Salomon Brothers, was joined by Myron S. Scholes and Robert C. Merton. The...
"It may seem strange, but it is nevertheless true, that up until [1950], scientists had no idea of just how the human brain and nervous system worked 'purposely' to achieve a goal" Dr. Maxwell Maltz Through his phenomenally successful 1960 book Psycho Cybernetics, Dr. Maxwell Maltz changed the...
We have talked a lot--generally, and in the specific context of the last few months of market volatility--about the importance of an investment process that isn't based on words like "hope" or "proprietary model" or even "I just have a good feeling about this." This...
Since October, large swings in the stock market have become commonplace, driven by a ceaseless stream of extraordinary economic and political news events. Apple hardly ever downgrades their earnings guidance. The Chinese economy hardly ever declines. Britain may be forced to leave the European Union...
