“There is no such thing as a riskless hedge against inflation.” – Edgar Fiedler, economist and former U.S. Assistant Secretary of the Treasury for Economic…
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When Safe Assets Become Risky
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 moreSeptember 2023 Market Commentary
“If I depended on economic forecasts, I don’t think we’d make any money.” – Warren Buffett, Berkshire Hathaway In Pure Portfolios’ September 2023 Market Commentary,…
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Starting Yield and Future Bond Returns
“Remember how excited people were about bonds when rates were under 1%? You see how bearish people are about bonds today, with yields at 4.5?”…
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Hot 2024 Presidential Election Talk
“If you mix your politics with your investment decisions, you’re making a big mistake.” – Warren Buffett, Berkshire Hathaway Benjamin Franklin famously stated, “Nothing is…
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Past Performance and Investment Decisions
“My investment plan was built with the assumption that I would experience a number of both bull and bear markets over the years.” – Ben…
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August 2023 Market Commentary
“You should follow price. Quit trying to be an expert, follow prices and follow trend.” – Jerry Parker, Chesapeake Capital In Pure Portfolios’ August 2023…
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The Big Short’s, Big Short
“Everything I do in investing is just very different.” – Michael Burry, famous investor featured in “The Big Short” Michael Burry predicted the 2008 housing…
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The Plight of the Dividend Investor
“If company management can’t think of anything else to do with their money, they should pay dividends. If they have good places to invest, that’s…
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Is the Market Detached from Reality?
“Wealth isn’t primarily determined by investment performance, but by investor behavior.” – Nick Murray, finance author & speaker The U.S. equity market has come roaring…
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