I have a close relative that is debating taking a new job. The new position would be more favorable from a tax standpoint, commute time,…
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Fear Sells. Don’t Buy It.
Closest Thing to a Fat Pitch in Investing
“Interest rates go up and down, stock markets boom and bust, but human psychology never changes. I believe that studying how people think about and react to markets—and particularly studying the most common mistakes investors make—can give us an edge...
read moreThe Bond Market Doesn’t Believe the Fed
“Just remember that 10 of the last 13 Fed hiking cycles have been miscalculations that ended in recession.”– David Rosenberg, Chief Strategist at Gluskin Sheff….
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Valuation Matters, Except When It Doesn’t
“The market can remain irrational longer than you can remain solvent.” John Maynard Keynes, Economist The Shiller price to earnings ratio (CAPE) is a popular…
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Drive Your Managed Portfolio into the Ground
“Invert, always invert.” – Charlie Munger, the Vice Chairman of Berkshire Hathaway and Warren Buffett’s partner. Munger borrowed the idea of inversion from 19th century…
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The Rise of the Call Center Advisor
“If I were a single-digit millionaire tossed out of the “paradise” of private banking, I’d walk away from that bank altogether. They don’t want me?…
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The Danger of Mixing Politics and Investing
A dark cloud of geopolitical uncertainty hangs over the global equity markets (see our rational for investing in gold). Even if you wanted to ignore…
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The Allure of Gold
“I think that the 5-year bear market in gold is over and that we’re in the beginning of a new bull market and I’m very,…
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Exchange Traded Funds Are (Mostly) Good
“The flow of money into ETFs doesn’t represent some mad rush to a specific asset class or sector; it’s simply a change in formats to…
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What is Evidence-Based Investing?
“As Upton Sinclair said, it’s difficult to persuade even the most intelligent people to accept the evidence if they’re financially incentivized to ignore it.”– Robin…
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