What Are Reasonable Return Expectations?

“Reality will pay you back in equal proportion to your delusion.” - Will Smith, actor & musician Stanley Druckenmiller is one of the most successful investors of his generation. During his time running Duquesne Capital (1981 – 2010), he never...

The Plight of the Dividend Investor

“If company management can’t think of anything else to do with their money, they should pay dividends. If they have good places to invest, that’s…
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Is the Market Detached from Reality?

“Wealth isn’t primarily determined by investment performance, but by investor behavior.” – Nick Murray, finance author & speaker The U.S. equity market has come roaring…
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The Loneliest Trade

“If it’s obvious, it’s obviously wrong.” – Stanley Druckenmiller, former founder of Duquesne Capital Most investors know about the sterling performance of big technology stocks…
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July 2023 Market Commentary

“One lesson I learned is to make fewer decisions. Sometimes the best thing to do is nothing.” – Lou Simpson, former Berkshire Hathaway employee In…
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The Retirement Propaganda War

“I’ve found that investors who rely on crystal balls frequently wind up with crushed glass.” – Martin Zweig, famous investor I haven’t seen anything like…
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Juicy Money Market Yields Won’t Last

“The Fed’s ability to raise and lower short-term interest rates is its primary control over the economy.” – Alex Berenson, writer & author We don’t…
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