In his company's 2006 annual report, Warren Buffett devoted several paragraphs to a scathing criticism of the hedge fund industry. Their fees, Buffett wrote, were so exorbitant and so stacked against investors that they amounted to a “grotesque arrangement.” For that reason, Buffett frequently [...]
Tried and true
Just before Thanksgiving, something odd happened on Wall Street. Three of the major brokerage firms issued remarkably similar reports declaring the death of the “60/40” approach to investing. What does this mean exactly, and how should you think about it? By way of background, 60/40 refers to a [...]
The paradox of personal finance
“The investor’s chief problem—even his worst enemy—is likely himself.” So wrote Benjamin Graham, the father of modern investment analysis. With these words, written in 1949, Graham acknowledged the reality that investors are human. Though he had written an 800-page book on techniques to analyze [...]
Five steps to sidestep the SECURE Act
Recently—as if on cue—Ebenezer Scrooge showed up in Washington. The result wasn’t pretty: A bill known as the SECURE Act, a favorite of the insurance industry, had been stuck in Congress all year. But suddenly, on December 20th, it got tacked onto another bill and signed into law. As far as I can [...]
The Magazine Cover Indicator
It’s that time of year again—when magazine editors put on their Nostradamus hats to offer up get-rich-quick schemes for the new year. “What China’s Best Investor is Buying Now,” reads the cover of Fortune, along with “40 Stocks for the New Decade.” And they even praise perennially unpopular Goldman [...]
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 32
- Next Page »
