“Stock Market Hits New High” Have you noticed headlines like this lately? Since March of 2009, when the S&P 500 Index hit a low of 666, the market has more than tripled. And it keeps going higher. In fact, headlines like this have become so frequent that they are no longer remarkable. The [...]
Pit bulls, personal assistants and Ponzi schemes
Each year around this time I think back to the day of my college graduation. As a final send-off, after the ceremonies, the school held a luncheon for the graduating class. At this luncheon I happened to be seated next to a well known alumnus of the school. This fellow had graduated in the 1950s and [...]
An investment poem – yes, a poem
Albert Einstein once said, “Everything should be made as simple as possible, but no simpler.” The investment industry, however, seems to subscribe to a different motto: “Make things as complicated as possible, and then complicate them a little bit more.” Wall Street salespeople talk about alpha (a [...]
A vitamin supplement for your portfolio
Living in Boston — where it's not uncommon to see some snow still left on the ground in April — people can be prone to their fair share of complaining. Myself included. And so it wasn't surprising when a recent discussion with my friend David ended up on the topic of the weather. By way of [...]
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