Investing

Ken Fisher has apologized for his offensive comments after recently coming under fire for his speech at the Tiburon CEO Summit. Financial advisor Alex Chalekian who heard the speech was the first to complain publicly via the Twitter video below. I’m truly disgusted. pic.twitter.com/SKb3dYLV5h — Alex Chalekian (@AlexChalekian) October 9, 2019 And here, reported by […]

In 1993, Julie Krone became the first, and still only, female jockey to win the Belmont Stakes. As Julie, riding Colonial Affair, rounded the first turn, they sat in sixth place. A horse named Antrim Road had dashed out way ahead, taking a big risk with a fast pace. As the horses came into the […]

You may have seen that Charles Schwab has reduced its commissions to $0. But when you dig a little deeper you realize there’s a catch. As it turns out it’s free but Schwab gets to use your cash, lend it out, and pocket-the interest you could have made. “Schwab doesn’t use money-market funds or short-term […]

Of all the ways you can test the holdings in your portfolio, Ben Graham codified what he called the most persuasive in his book Intelligent Investor. Companies paying dividends for 20 consecutive years were first on Graham’s list of high quality. I explained high quality to readers in August 2007, writing: Laurent & Villchur… Back […]

As an individual investor, you may be confused by the hype and pressure aimed at you by the media and securities salesmen. The constant drumbeat of news, both good and bad, can create an emotional response from even the most stoic of investors. Couple that with many investors’ lack of experience, and trouble can erupt […]

In the Spring of 1996, I explained how important just ten days of a 31-year period were to building 37% of their wealth. I wrote that March: Market Timing Strategy—Bankrupt Before I tell you what other funds I have bought this month and which funds I have on my short list for the next few […]

If you want clear evidence of why Vanguard is too big, then look no further than the money flow into passive index funds. When investors are lulled to sleep by a bull market, they dream about things like early retirement, vacations, and second homes. What they tend to miss is that reversion to the mean […]

Odd things are happening in the economy right now. The most obvious is the recent destruction of oil facilities in Saudi Arabia. But there are also subtler, less obvious warning signs, including the first injections of liquidity into markets by the Fed in 10 years on Tuesday and Wednesday. Couple that with the Fed’s lowering […]

Diversification isn’t only a tool to minimize losses when assets fall in value, it has the power to actually increase your return while lowering risk. Here’s how I explained it in December of 2015 (with the chart and associated text updated to 2017): Calculating the Efficient Frontier You need to look at your asset deployment […]