The following is another piece I wrote for Bloomberg with some thoughts on what, if anything, the president means for stock market performance or risk. ******* Plenty of ink has been spilled by pundits, economists, portfolio managers, strategists and the financial media about what President Donald Trump’s economic plans, cabinet selections, trade talk, fiscal policy…

The Guardian recently ran a piece written by 94-year-old Harry Smith. Smith waxed poetic on his description of what growing old has meant to him: People should not look at their approaching golden years with dread or apprehension but as perhaps one of the most significant stages in their development as a human being, even…

“Risk control is the best route to loss avoidance. Risk avoidance, on the other hand, is likely to lead to return avoidance as well.” – Howard Marks Here’s a conversation that has likely occurred in some form or another — either as an inner monologue, between a financial professional and client or among investors —…

Tim Ferriss had a wide-ranging interview on a recent podcast with Ezra Klein. They touched on a few subjects where Ferriss was quick to point out he didn’t have all the answers. I liked how he framed the idea of our overconfident nature: Humans are, and history certainly proves this out over and over and over…

A few months ago I was asked to write for Bloomberg to help provide context and perspective around the financial markets. I’m really excited about the opportunity. I’ve been writing there roughly once a week since mid-January. I have to wait a few weeks after my pieces run on Bloomberg to re-publish here so occasionally…

Snap Inc. (SNAP) has been getting plenty of headlines for going public late last week. Consumer technology companies tend to get a lot of publicity and Snapchat has an estimated 150 million-plus daily users so it makes sense this one has been getting so much attention. The IPO offering price was set at $17/share but…

There were two stories this past week about Fidelity Investments that seem to be very much related and could signal how things may play out in the asset management industry going forward. The first was about a price war among the discount brokerages. Here are the details courtesy of ThinkAdvisor: A price war has erupted among…

“Become more humble as the market goes your way.” – Bernard Baruch Lately, it feels like every time I time I log into check my investment accounts the market values are higher than the previous time I looked. The stock market continues to hit all-time high after all-time high. I have to admit, it feels pretty…

I’ve always thought it’s insane how personal finance isn’t a mandatory subject taught in every school to our young people. Your finances can have a huge impact on your life in a number of ways — your family, your stress levels, what kind of life you lead and much more. Personal finance is one of the…

I’ve done a lot of reading and studying about quantitative investment strategies and investors over the years and one of the running themes I’ve found in the various books and articles I’ve read over time is the name Ed Thorp. Thorp is a pioneer in the quantitative investment world who was so far ahead of…