Is the Apple’s HomePod a Flop?
Bloomberg is reporting that the Apple HomePod, Apple’s response to the Amazon Echo, is off to a slow start. In the first 10 weeks...
Wellington Management Company
My history with Wellington Management and the Vanguard group goes back decades. I started with Wellington over 40 years ago. The Wellington Fund was founded in...
Can OPEC Get it Right on Oil Production?
OPEC is targeting $80/barrel for oil, but will it be able to get there if it's not estimating the proper amount of non-cartel production?...
Yes, Vanguard is too Big
A gorgeous, sunny, good morning to you from Newport, RI. Isn’t it amazing what a little sun can do to one’s psyche?
Last week I...
Is it Possible to Be Successful in Commodity-Index Investing?
The short answer to the question above is, probably not. Using an indexed based approach to commodity investing is futile. If you're investing in...
This Book is a Fixture in My Office
“The more flippant the investing cliché, the more you should question it. Consider ‘the bigger they are, the harder they fall.’ At their lows...
More Good News for the Economy
Missed in all the noise about trade-wars and congressional investigations over the last few days is that the market got an employment report on...
Is $80/barrel Oil on the Horizon?
If the leaders of Saudi Arabia have their way, oil could be priced at $80/barrel once again soon. With economic activity picking up in...
Surprise: Americans Still Love SUVs
The WSJ is reporting that Chevy is pulling the plug on the Chevy Sonic and Ford is doing the same with the Fiesta and...
April 2018 RAGE Gauge Report
When you’re in the gun business is there a better salesman than former Supreme Court Justice John Paul Stevens?
With Stevens talking about repealing the...