“We’ve extended the analysis to every asset class where we could get our hands on the numbers and investigated the results. Same conclusion: trend-following minimizes…
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Trend is Your Friend, An Alternative to Buy & Hold
Markets After Major Geopolitical Events
“The world changes. This is the biggest problem in markets.” – Bill Miller, former chairmen of Legg Mason Capital Management T. Rowe Price, founder of the Baltimore-based investment firm that bears his name, wrote an essay in 1937 titled, “Change...
read moreMutual Fund Owners, Check Your 1099s
“It’s really hard to make an argument for mutual funds in a taxable investment account.” – Meb Faber, Cambria Funds It’s easy to rail against…
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Weirdness without Parallel
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.” –…
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The Best of Bogle
“I will create value for society, rather than extract it.” John C. Bogle, Founder of The Vanguard Group On April 13, 2004 John C. Bogle,…
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The Most Dangerous Thing II
“Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.” – Jason Zweig, Author & WSJ Contributor. Back in…
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2018: No Place to Hide
“There’s always a bull market somewhere” – Jim Cramer, CNBC Mad Money This marks the first and last time we quote Jim Cramer. He spews…
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Take the Low-Hanging Fruit
The market carnage to close out 2018 carries an important reminder. Investing is hard. Performance comes and goes. The last nine years of easy money…
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Tis the Season for Wall St. Forecasting Pt. II
“Never make predictions, especially about the future.” – Casey Stengel, Legendary Baseball Manager. This might be my favorite topic to write about. In fact, it’s…
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Don’t Be Afraid of the ‘R’ Word
“Fear, greed, and hope have destroyed more portfolio value than any recession or depression we have ever been through.” – Jim O’Shaughnessy, Financial Author &…
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