The results under the current “do it yourself” retirement system with investment-based, worker-savings-funded accounts have been disastrous.
Never accept a wager offered by Warren Buffett and don’t sell when he’s buying (or vice versa).
No situation illustrates both the benefit of analytics and curse of conventional wisdom than whether to “go for it” on fourth down in football.
Aside from tremendous pure entertainment value, “Breaking Bad” taught important business and investing lessons.
The practice of tipping is ingrained in American culture but is a huge can of worms.
“Greed,” “envy” and “pride” are three of the seven deadly sins, inflating not only the current bubble in Bitcoin but all the bubbles that came before and will follow.
Instead of getting sucked into Black Friday’s vortex of excessive holiday consumerism, consider giving a gift that will last a lifetime.
Taxable shareholders should avoid buying shares of a fund in front of a large distribution. The last thing you want is to buy into a fund and pay taxes on a distribution you did not enjoy in any way.
Humans act on biases in irrational and predictable ways, often leading to poor decisions.
Reviews Ben Carlson’s “obvious truths” about investing in times of relative calm
Don’t buy when he’s selling or sell when he’s buying.
Weather forecasting and investing are both probabilistic endeavors.
With bailout support and shackles both expiring next August, I’m afraid we’ve seen this movie before.
Because passive funds do not choose stocks based on performance potential, Lund asserts they lack a financial incentive to ensure that each of the companies in their very large portfolios is well run.
Even the hardest workers and best decision makers among us will fail to succeed consistently without luck.
Amazon forever changed the way America shops, to the detriment of traditional brick-and-mortar retailers.
Now that the Department of Labor’s fiduciary rule is effective, does that mean you can relax your vetting process? Absolutely not, as it’s been proven time and again it’s impossible to legislate ethical behavior.