Economic Mirages
Yesterday the markets were looking for the Durable Goods report to show an increase of 3% in new orders. The numbers disappointed however, with...
Who’s Custodian for Your Money?
You can see the hubris. As the bankruptcy of MF Global unfolds, customers are still looking for their money. That money should have been...
Don’t Let This Mutual Fund Mistake Cost You Thousands
What mutual fund mistake am I talking about? This mistake is so common, chances are you have committed it yourself—before you became a savvy,...
Netflix: The Risk of High Expectations
Most of you are no doubt familiar with Netflix—the leading DVD and video-streaming rental business in America. Up until recently, Netflix was a high...
3 Reasons Dividends Trump Buybacks
In September, Warren Buffett announced that the Berkshire Hathaway board authorized a multibillion-dollar share-buyback program. Berkshire shares soared as much as 12% on the...
Coping with Manic Markets
The S&P 500 leapt higher by 3.4% today on yet another plan-to-make-a-plan out of Europe and on news that the Chinese government will boost...
Goldman Calls it Quits
Goldman Sachs is closing up shop at its flagship Global Alpha hedge fund. Global Alpha is one of the best-known quantitative hedge funds in...
Is Your Money Fund Safe?
You really have to be careful what you read these days. There is loads of misguided advice pumped out of the financial press. I...
A $65-Billion Bet
I was listening to Bloomberg radio the other day and Carly Fiorina was on as a guest. Carly is the former CEO of Hewlett...
Your Worst Payday
Should you have more invested in the stock market? The Dow has almost doubled from its March 2009 low. And over the last ten...