December 17, 2011
Ken SkarbeckRemarkably, a recent AARP survey found that seven out of 10 participants (employees) incorrectly believe they do not pay any
fees for their 401(k) plan.
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December 10, 2011
Mickey KimLike many, I eagerly await the publication of Berkshire Hathaway’s annual reports, which always contain timeless lessons
from Warren Buffett.
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December 3, 2011
Ken SkarbeckA federal judge in Manhattan took a stand against lax oversight of the financial industry, rejecting a $285 million settlement
between the Securities and Exchange Commission and Citigroup—and setting a July trial date.
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November 26, 2011
Mickey KimUnlike bank deposits or CDs, investments in money market funds are not guaranteed.
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November 12, 2011
Mickey KimThere may be a $5 or $1,000 bill lying on the sidewalk, but it’s up to you to pick it up.
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November 5, 2011
Ken SkarbeckThe failure of brokerage MF Global—the eighth-largest bankruptcy in U.S. history—is troubling: It demonstrates
that behavior and incentives have not really changed in some corners of our financial system, and that regulators are still
behind the curve.
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October 29, 2011
Mickey KimDon’t let the excitement and envy of somebody else’s hitting an improbable jackpot blind you to the cold, hard,
mathematical probabilities of long-term investment success.
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October 22, 2011
Ken SkarbeckWhile Wall Street bankers are the chosen target of the protesters in New York City’s Zuccotti Park, the breadth of the
movement clearly is a sign of citizens’ frustration with the economic and political landscape.
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October 15, 2011
Mickey KimSentiment has been crushed. Some investors have lost faith, thrown in the towel, and abandoned the stock market.
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October 8, 2011
Ken SkarbeckIt is essential to understand that shares of stock represent the fractional ownership of an operating business.
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September 24, 2011
Ken SkarbeckAs Warren Buffett counseled in October 2008, “If you wait for the robins, spring will be over.”
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September 17, 2011
Mickey KimThe “Morningstar Style Box” was introduced by the Chicago-based research firm in 1992 to help investors and advisers
determine the investment style of a fund.
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September 3, 2011
Mickey KimWouldn’t it be nice to be smart enough to sell at the top and nimble enough to buy back in at the bottom?
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August 27, 2011
Ken SkarbeckExchange rates are determined, at least in theory, by purchasing power parity.
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August 20, 2011
Mickey KimFirst, by and large, community banks did not participate in the activities that led to the financial crisis.
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August 13, 2011
Ken SkarbeckTo a long-term, value-oriented investor, volatility should be viewed as opportunity. The crazy prices that are occasionally
offered up by a roller-coaster market in periods of uncertainty allow for the purchase of undervalued securities.
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August 6, 2011
It seems perfectly logical that you want to invest with a manager or fund where the manager has a significant amount invested
alongside you.
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July 30, 2011
Ken Skarbeckwhile the cost of regulatory compliance can be annoying, they do serve a vital societal function—consumer protection.
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July 23, 2011
For investors, the time to be nervous is when there’s nothing but blue skies on the horizon. The time to be opportunistic
is when there’s blood running down the street and the high-paid talking heads are screaming that the sky is falling.
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July 9, 2011
Ken Skarbeckthe global economy extends to many regions and countries that, while smaller in economic stature, are often overlooked.
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July 2, 2011
Ken SkarbeckWe live in a fantasy world if everyone thinks we need to cut back on spending unless it affects them.
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June 25, 2011
Ken SkarbeckIn economic terms, consider a business that has a “sustainable competitive advantage” that serves as a moat against
the competition. A business that can stave off the competition is likely to produce attractive profits.
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June 11, 2011
Ken SkarbeckOne thing that does stand out is that, on balance, these returns are not exactly going to get investors to sit up and get
excited.
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June 4, 2011
Ken SkarbeckOne analyst even declared that, relative to disposable income, housing is more undervalued than at any time in the last 35
years. So it is an attractive time to buy a house if you plan to be a long-term owner.
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May 28, 2011
Ken SkarbeckThe public must understand that the arguing in Washington over raising of the debt ceiling is just political posturing.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.