by admin | Apr 16, 2015 | Archives
Risk is the chance of loss, and for most of history it was viewed as that. There is a chance I’m going to lose. But in the capitalist system, risk is also an opportunity. Nothing ventured, nothing gained is as important to keep in mind as the fear that if I don’t...
by admin | Mar 6, 2015 | Archives
The other day as I was driving to Denver the airways were filled with the big news – “the NASDAQ has hit 5,000 for the first time in 15 years”. As the expert remarked, “Wow!”. The wow factor is that, after 15 years, you are back to where you started in the tech...
by admin | Mar 4, 2015 | Archives
As usual, we have all the predictors out there trying to stir up your emotions through fear and greed. I just Googled “market to fall 50%” and got 180,000 results in less than half a second. I then Googled “market to rise 50%” and got 152,000 hits in less than half a...
by admin | Feb 6, 2015 | Archives
Investment results for portfolio managers are largely determined by the accuracy of stock market predictions; however, the same cannot be said for strategists. Because of the high frequency that strategists’ forecasts are wrong, it is important to take a step back and...
by admin | Jan 23, 2015 | Archives
Frederick Douglas once famously said “they want the ocean without the roar of its many waters”. His point was that that is not possible to enjoy the beauty of the ocean without accepting the stormy seas that are part of having the ocean. The same is true in investing....
