Providing insight for individual investors
The easy money has been made. I am not referring to picking the market bottom reached on May 9, 2009. That would have been speculation, not investment. In fact, just six months before I attended a conference where Emerson Chairman … Read more
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By this time of year, we have seen more than a few forecasts and commentaries about what the market is likely to do over the next few years. I’d like to take something of a different approach: offer a view … Read more
Leave a CommentEditor’s Note: We find that many investors are confused when financial professionals talk about what interest rates will be in three years. This article explains something that is intuitive if considered properly: we can apply judgment to the present and … Read more
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Bill Gross’s recent monthly commentary for PIMCO paints a disturbing picture for investors; his vision ends with stocks being “singed” and bonds being “burnt to a crisp.” The premise of his article is that the United States needs to get … Read more
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One of the dirty little secrets of finance is that publicly traded corporations maintain two different sets of “books,” or accounting ledgers. Before you get all riled up and start calling various attorney generals’ offices, understand that it is perfectly … Read more
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It can be difficult for investors to understand how their professional managers are really performing. A few statistical tools can help illuminate whether investors are getting value. The numbers below illustrate performance for two sets of investment managers. How can … Read more
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