“The most common market take can be described as “person who didn’t see this coming is now 100% confident about what happens next.” – Morgan…
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5 Of The Biggest Mistakes Investors Make
How Advisors Saddle Clients with Massive Tax Bills
My favorite quote on taxes comes from Morgan Stanley… “You must pay taxes, but there’s no law that says you have to leave a tip.” Recently, we met a prospective client that was baffled how her advisor generated a large...
read moreInvestors Are Making a Massive Bet (and don’t know it)
“The border between brilliance and stupidity is hard to discern.” – William Green, author of Richer, Wiser, Happier Many investors are placing a massive bet…
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The Next Crisis
“Predicting what the world will look like fifty years from now is impossible. But predicting that people will still respond to greed, fear, opportunity, exploitation,…
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Where Inflation Actually Comes From
“Only government can take perfectly good paper, cover it with perfectly good ink, and make the combination worthless.” – Milton Friedman on money printing and…
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When Did Pessimism Become Cool?
“We were told this summer would see a recession and bear market. Instead, we just had one of the best summer rallies ever.” – Ryan…
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The Fed’s Odd Rate Cut
“There’s nothing people love more than a Federal Reserve joke.” – Adam McKay, American screenwriter After months of speculation, markets have fully priced in a…
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Bitcoin’s Crazy Train
“I’m going off the rails of the crazy train.” – Ozzy Osbourne Bitcoin (BTC) started as an obscure experiment. The polarizing digital asset has barreled…
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How to Drive your Retirement Portfolio into the Ground
“Invert, always invert.” – Charlie Munger, the Vice Chairman of Berkshire Hathaway and Warren Buffett’s partner. Long-term investing is boring. Markets take time, discipline is hard,…
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The Dog That Didn’t Bark
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter…
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