SKARBECK: Big investment scores few and far between
The dream for many investors is to buy a stock that hits the home run—a desire for the lucrative multi-bagger (insert five, 10 or your pick in place of “multi”.)
The dream for many investors is to buy a stock that hits the home run—a desire for the lucrative multi-bagger (insert five, 10 or your pick in place of “multi”.)
Pretend someone comes in one night and sells all your investments. … Would you rebuild the same portfolio you had before?
The investment math of compounding at high rates of return over long periods can lead to astonishing results.
Franklin D. Roosevelt famously said, “When you get to the end of your rope, tie a knot and hang on.” Investors who heeded that advice during the scary decline last August and September have been rewarded.
A behind-the-scenes battle is being waged over securities regulators’ proposal to hold investment advisers and stockbrokers to the same fiduciary standard—something investors wrongly assume is already the case.
Don’t let conventional decision-making reduce your chances of winning the investment “game.”
In 2011, large-capitalization, high-quality U.S. stocks significantly outperformed small-company stocks.
There are some highly experienced and skilled investors who make unconventional predictions I think are worth paying attention to.
Yes, America struggles with instances of poverty, unemployment and other hardships. But we also have the freedom and the opportunities available to improve our standard of living.
Every once in a while I come across timeless advice like Davis Advisors’ “The Wisdom of Great Investors: Insights from Some of History’s Greatest Investment Minds.”
Remarkably, 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.
Like many, I eagerly await the publication of Berkshire Hathaway’s annual reports, which always contain timeless lessons from Warren Buffett.
A 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.
Unlike bank deposits or CDs, investments in money market funds are not guaranteed.
There may be a $5 or $1,000 bill lying on the sidewalk, but it’s up to you to pick it up.
The 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.
Don’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.
While 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.
Sentiment has been crushed. Some investors have lost faith, thrown in the towel, and abandoned the stock market.
It is essential to understand that shares of stock represent the fractional ownership of an operating business.