Sellers were out in force on the market today after negative news on the economy. It's a common line in TV finance reports. But have you ever wondered who is buying if so many people are selling? The notion that sellers can outnumber buyers on down days doesn’t make … [Read more...] about A Question of Equilibrium
DFA behavioral advisor
Catchphrase Investing
The financial media is drawn to catchphrases, acronyms, and buzzwords that can be sold as the new thing. FAANG (Facebook, Apple, Amazon, Netflix, and Google) is the latest of these. But does this constitute an investment strategy? For journalists, commentators, and … [Read more...] about Catchphrase Investing
Guinness – One Great Beer and International Company
The world continues to shrink. Maureen and I had the opportunity earlier this year to visit our youngest daughter Elizabeth while she was studying abroad in Dublin, Ireland. We discussed the incredible opportunities that are afforded to college students in the United States. It seems like it is now … [Read more...] about Guinness – One Great Beer and International Company
Our Longevity and Purchasing Power
In ancient Roman times, there was an elder by the name of Cato who said: Cessation of work is not accompanied by cessation of expenses This applies today even more so than it did back then. Even if you were a member of the wealthy class during Roman times, the average life expectancy was age … [Read more...] about Our Longevity and Purchasing Power
Prediction Season
The close of each calendar year brings with it the holidays as well as a chance to look forward to the year ahead. In the coming weeks, investors are likely to be bombarded with predictions about what the future, and specifically the next year, may hold for their portfolios. These outlooks are … [Read more...] about Prediction Season