“The past wasn’t as good as you remember. The present isn’t as bad as you think. The future will be better than you anticipate.” Morgan…
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Market Expectations are Everything
The Market Sells Off This Much Every Year
“A decade ago, I made a goal to read more history and fewer forecasts. It was one of the most enlightening changes of my life.” – Morgan Housel, Same as Ever Every year we get the same charade; smart sounding...
read moreThe Demise of King Dollar
“People talk about this concept like foreign countries can just choose not to do business with the U.S. Dollar. Sure, they can. In doing so,…
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Back to Back Calendar Year Losses for Stocks
“In my experience, most people who are lucky enough to sell something before it goes down get so busy patting themselves on the back, they…
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The Market is Quietly Stacking Up Wins
“It’s just that most people see what they want to see. We pride ourselves on living in reality.” – J.C. Parets, All-Star Charts, on the…
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Bond Returns Following Difficult Years
“It’s not that I’m so smart; it’s just that I stay with problems longer.” – Albert Einstein Bonds could use a public relations makeover. The…
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Not a Typical Bank Failure
“This isn’t just one stupid bank making bad decisions. This is a real economic problem where the clients at Silicon Valley Bank were burning money…
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The Biggest Heist No One is Talking About
“Banks do not create money for the public good. They are businesses owned by shareholders. Their purpose is to make a profit.” – John Rogers,…
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Assets That Could Hold Up During a Recession
“Fear, greed and hope have destroyed more portfolio value than any recession or depression we have ever been through.” – James O’Shaughnessy, Founder of O’Shaughnessy…
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Six Investing Lessons from 2022
“I have civilized my own subjects; I have conquered other nations; yet I have not been able to civilize or conquer myself.” – Peter the…
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