The Forever Fund

Most investors say they are investing for the long haul.  They say they have a 10-50 year time horizon, but act emotionally on a time frame of weeks, quarters, and years.  So how do you combat these behavioral temptations of chasing performance?  How do you incentivize investors to behave in their own best interest? Our friends at Ritholtz have a...

Paying For A Filet, And Getting Bologna

Most of you reading this are old enough to remember the Beech-Nut fake apple juice scandal in the 1980s.  (I'm not, but Jeff wrote the intro and he's a couple years older than me...) In short, Beech-Nut was marketing “100% apple juice” yet its product didn’t quite make good on this claim. Not only did the drink not consist of...

The Dividend Growth Myth

A few weeks ago, I was sipping coffee, thumbing through Barron's as I do every weekend. It’s a way in which I keep a pulse on what’s going on in our space.   Though I never consciously pay attention to ads, on that particular morning, one caught my eye – a big full pager from Schwab, below. They were trumpeting...

How I Invest My Money (Updated With New Trade)

If you read my blog regularly, you know that I’m fully transparent in how I invest my own money. It’s not good for the investing community when advisors say one thing to clients, yet do another with their own money. It’s equally questionable when fund managers don’t invest in their own funds. After all, if we won’t put our own...

More Pod

If you haven't had enough of my monotone, good news, I hopped on the other side of the mic with Chat with Traders...enjoy! [soundcloud url="https://api.soundcloud.com/tracks/317410501?secret_token=s-KaIij" params="color=00dd95&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false" width="100%" height="166" iframe="true" /]