Where Do We Go From Here?
“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 around.”…
Read More
Pure Portfolios’ April 2025 Market Commentary
Markets declined by ~13% in April before recovering to end the month nearly flat. This marked one of the largest intra-month reversals in market history. In our April market commentary, we examine the factors behind the volatility, performance of key...
read more
Bear Market Blind Spots
“History reminds us the event that often derails financial markets is seldom the one investors saw coming.” – Pure Portfolios 2019 Year-end Commentary The past…
Read More
The Market is Talking. Are You Listening?
“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…
Read More
What’s Your Process for Making Portfolio Changes?
“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…
Read More
Are Low Yields a Good Reason to Shun Bonds?
“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…
Read More
How to Tell if your 401(k) Plan is Hot...
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…
Read More
Random $#%&
“No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word.” – Nassim Nicholas Taleb, Fooled…
Read More
The Amazing Run of U.S. Tech Stocks
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…
Read More
Do You Have an Information Filter?
“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…
Read More