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.
My colleagues and I at Kirr Marbach & Co. see parallels between now and the technology stock mania of the late 1990s.
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.
Unlike the original aim of EB-5, many projects that qualify would have happened anyway. Access to cheap financing just increases profits of developers.
Making your bed will also reinforce the fact that little things in life matter. If you can’t do the little things right, you will never do the big things right.
The tale of Hostess’ demise and rise from the ashes is a fascinating case study of iconic brands, mismanagement and how private equity/buyout firms can make mind-boggling sums in the blink of an eye.
We think smaller-cap stocks are poised to do better, as they tend to have less international exposure and pay higher effective tax rates.
For a possible solution, let’s turn to Italian banker Lorenzo de Tonti, who in the 1600s proposed a “tontine” to Louis XIV as a way for the French king to finance his wars.
PGA superstar Phil “Lefty” Mickelson may be called to testify in the insider trading trial of sports-bettor William “Billy” Walters.
Fans of Berkshire Hathaway CEO Warren Buffett eagerly await the last Saturday in February for his annual letter to shareholders to be posted. With U.S. stocks and political divisions running at record levels, Buffett offered some cool-headed historical perspective and timeless investment advice in his 2016 letter. According to Buffett, “One word sums up our […]
The DJIA is the default, shorthand answer to the question, “What did the market do today?”
Playing to win involves an intensification of effort and continual risk taking. The equivalent for playing not to lose is conservatism and trying to avoid costly mistakes.
Compound interest is a powerful lever that can make your financial life better. Or it can kill you.
If the animal spirits of capitalism stir and result in a shift in motivation from safety to profit, the results could be impressive.
The only thing worse than judging a book by its cover is making financial decisions based on what you assume the book might tell you.
There is an actual cost to holding onto things we should let go of. It can come in the form of anger, frustration, resentment or something even worse. Can you really afford to keep paying the bill?
We believe STAY is significantly undervalued because it is misunderstood by investors.
This holiday season, give the gift of a college education by establishing or making a gift to a young person’s 529 college savings plan account.
