Political Facts

|

Doesn’t it seem as though nearly everything has become more politicized and that people are less willing to agree to disagree? Even a casual reading of both The New York Times and The Wall Street Journal, on the same day, could make one wonder if they both live on the same planet. All of this … Continued

Know-nothing Investing

|

Over the last several quarters we have seen an increase in market activity by individuals who seem to take pride in how much they don’t know about the stocks they are trading.  This is not investing.  Perhaps it is trading, wagering or just plain “rolling the dice.” Over the short run, this may not be … Continued

Common Stock and Common Sense

|

The concept of investing has taken a beating with an increasing misuse of the word.  For example, some marketers of expensive items, like new cars, describe the purchase as an investment when it is clearly consumption.  Except in a few, very rare instances, automobiles depreciate. Investopedia defines investment as a way to set aside money … Continued

Politics and Investing

|

Recently, I had four client meetings on the same day.  While four client meetings on the same day isn’t unusual, what was unusual was the main topic of all of the meetings.  The first two clients were incredibly anxious about Joe Biden winning the Presidency and their stock portfolio crashing.  The third and fourth meetings, … Continued