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Archive for the ‘general’ Category

What’s a couple percentage points?


As Albert Einstein once said, “the most powerful force in the universe is compound interest.” On an annual basis, a few percentage points doesn’t mean much, but compounded over several years; well that’s a different story. Lets look at one of the legendary value investors of our time, John Neff, who managed the Vanguard Windsor… read more

Sensationalism In The Media


CNBC, Bloomberg News, The Wall Street Journal, Investors Business Daily,Yahoo Finance, CNN, Forbes Magazine, Fortune Magazine….it goes on and on and on…, and all of these media outlets are vying for your eyeballs. They do this by publishing attention-grabbing headlines. In my opinion, this has led to greater volatility in the markets. Two things happen… read more

Can You Beat The Market?


Of course you can, and it isn’t that hard. I read a recent study that showed that over 50% of portfolio managers over a 10-year period under-performed their benchmarks. I’ve read other studies surveyed over longer periods of time that the number is more at 70%. These managers usually have MBAs from top schools, are… read more

How Madoff “Made Off” with So Much Money


Guess what? Its going to happen again, and again, and again. Politicians who want more regulation are just going to make things more difficult on law-abiding businesses. There is a reason they are called criminals. Its because they DON’T follow the rules! “It takes 20 years to build a reputation and five minutes to ruin… read more