All Blogs

Opportunities in a Downturn We obviously can’t predict a market down-turn in advance, but we can certainly prepare for one. With the markets in a bit of a doldrums the … Read More

In 1992 American political scientist Francis Fukuyama published The End of History and the Last Man. This highly regarded book declared that global politics had reached its final stage. Liberal … Read More

Not only will focusing on daily returns likely drive you crazy, but it’s nearly impossible to draw an inference as to how coming months, quarters, or years may play out … Read More

Hans Christian Andersen recorded a folktale about a poor farmer who takes his horse to market to sell or exchange for something that will be more practical for his farm. … Read More

Did you know that last year, roughly 1.66 million new homes were constructed? This includes single-family homes (975 million), 2-4 unit residences (54.8 million), and buildings with 5 or more … Read More

On the surface, investing in bonds is pretty simple. You buy a bond, which basically means you are loaning a company, a municipal organization, or the US government, the face … Read More

Strive for Antifragile, Accept Resilient, and Don’t Rely on Crowdfunding When I was a child, my father was injured on the job and could never work again beyond sporadic and … Read More

There’s an old business school joke about an entrepreneur who prices his widgets at half the cost of making them. “It’s true I’m losing money on every sale,” he explains, … Read More

Rates Moving Rates The U.S. Federal Reserve Board once again raised the so-called fed funds rate, the rate that our central bank charges lending institutions on overnight loans. Does anybody … Read More

Sizable Cities What are the largest cities in America? If you answered New York, Los Angeles, Chicago, Boston etc., then you’re answering a different question. ‘Largest’ implies not population but … Read More