The oft-quoted law of unintended consequences is an intriguing concept. Let’s say you join a... Read More

The oft-quoted law of unintended consequences is an intriguing concept. Let’s say you join a gym to lose weight — and you meet the love of your life there. That’s an unintended... Read More

Yes, it’s a race to the bottom. I’m not talking about the market. I’m referring... Read More

Yes, it’s a race to the bottom. I’m not talking about the market. I’m referring to interest rates. After a couple of wild weeks, stocks — as measured by the S&P 500 –... Read More

There are some big cultural divides among Americans. Ford vs. Chevy. Red Sox vs. Yankees. Active... Read More

There are some big cultural divides among Americans. Ford vs. Chevy. Red Sox vs. Yankees. Active versus passive management. Okay, that last one might not be much of a conversation starter at your... Read More

As market volatility rears its ugly head again, here’s something to remember on those days... Read More

As market volatility rears its ugly head again, here’s something to remember on those days when you see a bunch of red on your brokerage screen…  The emotion of losing money greatly... Read More

Today, I want to start by looking at some basic facts:  1. The Federal Reserve cut interest... Read More

Today, I want to start by looking at some basic facts:  1. The Federal Reserve cut interest rates.  2. The Fed’s mandate is to “promote effectively the goals of maximum... Read More

It’s a small sampling, but backyard barbecues can give you a pretty good idea of the... Read More

It’s a small sampling, but backyard barbecues can give you a pretty good idea of the sentiment surrounding the stock market and economy. At these sorts of functions, I’m frequently asked... Read More

Joan R. Ginther has won the lottery four times. First it was a measly $5.4 million. Then $2... Read More

Joan R. Ginther has won the lottery four times. First it was a measly $5.4 million. Then $2 million. Then $3 million and finally, in 2008, the Texas native hit a $10 million jackpot. They say luck is... Read More

We just passed a major milestone. No, I’m not talking about the 50th anniversary of the... Read More

We just passed a major milestone. No, I’m not talking about the 50th anniversary of the Apollo 11 moon landing (although that is certainly worthy of recognition). But while we’re on the... Read More

I’d like to start off today’s issue by asking you a simple question… If you... Read More

I’d like to start off today’s issue by asking you a simple question… If you discovered the key to making a fortune trading stocks, would you share it with the world?... Read More

When he buys a stock, Warren Buffett places more emphasis on one factor above almost any other. In... Read More

When he buys a stock, Warren Buffett places more emphasis on one factor above almost any other. In fact, he has mentioned this single trait more than 20 times in his annual shareholder letters since... Read More