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...
During the past few weeks, markets have been batted around like a pinball, flipped by the Federal Reserve on the one side and government shut-down on the other. The active bumpers of China, BREXIT, oil prices, regulating big tech, global economic slowing, TWEETS, and a...
Jesse Livermore was a stock trader who made his fortune during the 1929 stock market crash, in which he heavily shorted U.S. stocks and then began to buy them up near market lows. On the worst day of the crash, October 29, 1929, Livermore is...
Markets are in a tizzy (a state of nervous excitement or agitation). Investors are asking, is the party over, is the bull market ending or are we just taking a pause? The latest volatility has been set off by 'tariff-tweets,' Fed talk, economic data, and...
I happened across this tweet last night: https://twitter.com/syouth1/status/1068262877411401729 If you are unfamiliar with Bill Gross, he founded the mutual fund powerhouse PIMCO and for a long time ran the largest bond fund in the world, PIMCO Total Return. He’s something of a legend in the bond world....
We will celebrate Thanksgiving in less than a week, on the 22nd of November (which is, incidentally, the earliest possible date we could celebrate Thanksgiving). You know how it goes when these early ones come around--we are all getting "snuck up on" and "caught off...
As the holidays and new year approach with alarming rapidity--but before you get swept up in parties and family gatherings completely--it's a great time to take a look at your finances. 2018 still has some important planning opportunities, and getting ahead of 2019 could pay...
Efficiency measures what is produced against the inputs required to produce it. Efficiency is generally reduced by some form of drag, such as friction, cost, energy, or time, but there can be great reward in improving efficiency. An investment portfolio produces greater wealth as the friction...
https://youtu.be/Ojv94IEt5Qc With the recent announcement that Red Hat is being acquired by IBM for $34B, we thought it would be helpful to share our thoughts on how employees of acquired companies can smoothly navigate a transition like that. Watch as we discuss what to do with your...
