I probably should not comment on the election.  I will likely annoy someone, maybe everyone!  But several clients have either asked me...

Source: Jooin.com When COVID hit in early 2020, the stock market plunged. Newspapers filled with stories about the shutdown of travel,...

A lot of ink has spilled recently about the banking crisis. Maybe I should not add to the spillage. But I want to make just a few...

Photo by Phillip Pessar: Creative Commons License Here's a cautionary tale about short selling. I have, on my hard drive, a market...

Last week, the Nobel Prize in Economics went to Ben Bernanke, our Chairman of the Federal Reserve between 2006 and 2014, who formed our...

During my career I have tried to write to you about markets and economics in clear, basic prose, avoiding graphs and detailed discussion...

Over the last few years, I posted a set of occasional blogs on what I felt were the excesses of the capital markets during a period of...

Some of you who have known me for a very long time know that I began my investment career working in the fixed income departments of two...

Here is an interesting article from the Financial Times which I would like to share with you. It draws a connection between the wild...

For those of you who don't sell stocks short very often, the term describes the practice of investing in things which you expect to go...

With the economy robust and the stock market soaring, the question of which I have received most frequently recently is... "should I...

I guess I should say something about the presidential election which is coming up, as it relates to investments.  But I'm not completely...

It's hard to know what to worry about. So many options! I find it one of the most challenging questions in life. You want to be...

The stock market seems resolutely determined to ignore coronavirus.  It's not quite as high as the peak in prices before the virus broke...

I love Morningstar.com.  For a modest annual fee, they offer great market data and company information.  Here's an interesting chart...

Ending the Economic Lockdown A side effect, even a side benefit, of the coronavirus lockdown has been a cleaner, more tranquil planet. ...

A colleague of mine in Boston once described the stock market, colorfully, yet accurately, as a "shit-seeking missile".  By that, he...

Some of my clients pushed back on my last blog post. They told me that I was being overly cavalier about the danger of the Coronavirus...

Last week, I learned something which further darkened my opinion of virus data.  I spoke with my Swiss client, who reads Swiss news and...

In a time of a medical and financial crisis, it's good to read up on history.  During periods of fear, some people predict, often...