“We have to practice defensive investing, since many of the outcomes are likely to go against us. It’s more important to ensure survival under negative outco...

"We will all feel pain in the next recession or stock market drop, but what can we do now to mitigate the damage?" - Pure Blog, September 2019. Back in the f...

I was perusing my LinkedIn feed when a particular post caught my eye. For the record, I have no clue who Mark A. Smith is. I don't know if he's the nicest g...

"You can take advantage of pockets of opportunity in what people don't want." - Jeff Gundlach, DoubleLine CEO We've been fielding a decent number of municipa...

"Every once in a while, the market does something so stupid it takes your breath away." - Jim Cramer The date is April 29th, 2019. You login to check the ba...

“The stock market is the story of cycles and of the human behaviour that is responsible for overreactions in both directions.” - Seth Klarman, CEO Baupost Gr...

The days blend together. I feel like Bill Murray in the movie Groundhog Day. I'm working at my makeshift office at the end of the kitchen table. My wife i...

"A cycle like this does not end with a mere month-long correction. A real bear market is only over when no one is interested in stocks anymore. You must feel...

Lawrence Hamtil runs a wealth management firm in Overland, KS. He posted the above self-assessment on Twitter on his portfolio positioning prior to the COVI...

"Sometimes it's the bad things that happen to us that become the catalyst for the good things to happen to us. Life forces you into the areas where it wants ...

"There's clearly an indication that a systematic government-led approach using all tactics and all elements available seems to be able to turn this disease a...

"History reminds us the event that often derails financial markets is seldom the one investors saw coming." - Pure Portfolios 2019 Year-end Commentary The pa...

"It’s OK to not have an opinion on topics you don’t know anything about. And I don’t know anything about coronaviruses. But I have a few thoughts about how p...

"To get something done a committee should consist of no more than three people, two of whom are absent." - Robert Copeland, U.S. Navy Admiral We were sitting...

"I don't get why anyone would buy a 10-year bond yielding 1.5%" - Former Colleague Low bond yields are the new normal. It's enough to make seasoned money ma...

We are conditioned to sock away money for retirement ASAP. You should save at least 10% of your income. By the time you're 30, you should have 1x annual sala...

“No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word.” - Nassim Nicholas Taleb, Fooled by Ra...

Friend: "I need to buy more QQQ" Later that day, while on a call... "Tech stocks make me nervous. I fear a repeat of the 2000 tech bubble." Whether you like...

"Thirty years ago the best investors had the biggest funnels of information. Today the best investors have the best filters of information. The market is fil...

"As far as dividend yields go, the UK, Italy, Spain, and Singapore all offer dividend yields north of 4%, while US markets have the lowest dividend yields in...