RAGE Gauge: March Full of Risk
Perhaps the second best gun salesman behind Obama is former Supreme Court Justice John Paul Stevens. While Mr. Stevens is calling for the repeal...
Join Me and Escape to Margaritaville🌴
Escape to New York City
It sure is nice to change your latitude every now and then—New York City in this case—where, if you live...
Falling Short on Retirement: Should You Save More or Work Longer?
The WSJ reports today on a new paper from the National Bureau of Economic Research illustrating the trade-off between working longer and saving more....
Netflix Now Bigger than GE
The market capitalization of Netflix shares is now greater than those of America's most storied blue chip industrial company, General Electric (GE).
For comparison's sake,...
FedEx Looks to Buy Tesla Semi-Trucks
FedEx has reportedly ordered 20 Tesla semi-trucks for its fleet. According to Commercial Carrier Journal:
FedEx (No. 2 in CCJ’s Top 250) on Monday confirmed the company has...
Ignore Bonds (at Your Peril) and Be Average, Like the Next Guy
Originally posted November 1, 2017.
A phrase I often hear from prospective clients is, “I don’t understand bonds, but I know I need them, and...
Where do you Begin Investing?
To the uninitiated, investing can seem daunting. There are thousands of stocks, bonds, and mutual funds to choose from, and probably just as many...
China Started the Trade War
Greg Ip points out that the tariffs the Trump administration plans to enact on Chinese goods are not a preemptive strike. China has been...
Vanguard GNMA: There When You Need It
Yesterday the S&P 500 fell by 2.5%. At the same time, the Vanguard GNMA Index fund was up 0.2%. Having powerful counterbalancing bond funds...
Dangerous Rules Make American Pensions Riskier
Originally posted on August 22, 2016.
The abuse of expected returns assumptions at public pension funds in America is something I have regularly raised a...