Crushing Words to Avoid: “We’re Disappointed in You”
It’s breathtaking looking at prices today and thinking about what things are really worth. I know, I know, worth is whatever someone else is...
Fidelity Investments #1: Hires 4,000 Focuses on YOU
The financial services business is booming. The keyword being “services.” Because as millions of existing and new retirees look for help, the demand for...
You’re Telling Me Friends Ask You This Question
You’re telling me what friends are asking you the most. But first, let’s take a step back. You’ve been through a lot over the...
My Key West Garden Office
Hard to believe it has been nearly 30 years since I walked away from dealing with investing clients, prospects, or the financial media. I...
Can You Even Afford To Retire in Biden’s America?
You have seen already, in slightly less than two months, Joe Biden and the Democratic Congress have put America on track for higher inflation....
Fidelity’s 26 Million Retail Accounts in 2020, Up 17%
Yours truly can attest to Fidelity’s banner year, as business is booming in my neck of the woods. Never before have I opened more...
Teaching A Family Investment: Warren Buffett’s Annual Letter and You
It’s nice to have some traditions you can count on. One of those is Warren Buffett’s annual letter to shareholders of Berkshire Hathaway, released...
You’re Worried About Money, Not Just Losing It
I had a conversation with a prospective client yesterday telling me he wants preservation of principal with growth. And on top of that, he...
Jim Simons’s Renaissance Technologies vs. Internet Forum Traders
This story is a familiar one if you have been active in the markets for a few decades. It starts with the WSJ reporting...
When Dollars are Plentiful YOU Proceed with CAUTION
When dollars are created out of the air, they’re wasted. When dollars are too easy, there’s too much of them. And they’re misallocated. What...