Fidelity and Vanguard Since 1971

The Four Most Important Words in Investing

Originally posted on March 31, 2021. COMPOUNDING INTEREST DIVIDENDS DURATION While no one can predict the future direction of interest rates, examining the "duration" of...

Compound Interest: Harnessing the Awesome Power While Slashing Risk and Opening Vast New Horizons

UPDATE 12.26.2025: This will be my course of action—or better yet, inaction—in 2026. Originally posted August 23, 2022. Back in 1964, I began a lifelong mission...

Wellesley Income Fund: Managed from the Start by Wellington Management

Originally posted October 21, 2025.  Let's talk about the Wellesley Income Fund, founded in 1970. I used to have lunch with the fund management from...

Richard Young Reports: 50+ Years with Fidelity and Wellington

I started in the institutional research and trading investment business at Model Roland & Co. on Federal St. in Boston in August 1971. Just...

Are You Still with Vanguard, and Are You Concerned?

Originally posted June 14, 2024. A long time ago, Vanguard founder Jack Bogle came up with a novel idea for a mutual fund company. Keep...

Ron Paul: “Freedom and Central Banking Are Not Compatible”

  UPDATE 9.19.24: In the video below, Ron Paul explains the Liberty Platform in three easy steps. Watch: !function(r,u,m,b,l,e){r._Rumble=b,r||(r=function(){(r._=r._||).push(arguments);if(r._.length==1){l=u.createElement(m),e=u.getElementsByTagName(m),l.async=1,l.src="https://rumble.com/embedJS/u4"+(arguments.video?'.'+arguments.video:'')+"/?url="+encodeURIComponent(location.href)+"&args="+encodeURIComponent(JSON.stringify(.slice.apply(arguments))),e.parentNode.insertBefore(l,e)}})}(window, document, "script", "Rumble"); Rumble("play", {"video":"v5cuuod","div":"rumble_v5cuuod"}); 8.25.23: On the Ron...

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