For more than a year, veteran investment manager Jeremy Grantham has been arguing that the U.S. stock market is in a bubble. And not just an ordinary bubble, but “an epic bubble...one of the great bubbles of financial history, right along with the South Sea bubble, 1929, and 2000.” And yet, [...]
Groupthink
The economist John Maynard Keynes once made the observation that, “it is better for reputation to fail conventionally than to succeed unconventionally.” This is probably true in many realms. It’s certainly true in the investment world. As the last twelve months have demonstrated, extreme and [...]
Single Stories
In 2009 author Chimamanda Adichie coined the term “single story.” A native of Nigeria, Adichie first came to the U.S. to attend college. Almost immediately, she was struck by the one-dimensional lens through which many saw her. It started with her roommate. Knowing that Adichie had just arrived [...]
My Portfolio, Part II
A while back, I talked about an oddity in my own portfolio. But I have a confession: That wasn’t the only one. In the interest of transparency—and because it may be instructive—I’ll share five more such oddities, and the thinking behind them: While I firmly believe that low-cost index funds are [...]
Cigar Butts
In the family tree of investors that began with Benjamin Graham sits a quiet, 100-year-old firm called Tweedy, Browne. This week they published a chart that offered a new angle on a key debate in the world of personal finance: Is value investing dead—or is it just resting? Before I get into the [...]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 43
- Next Page »
