How simple solutions can have a huge impact on humanity.

Investors have an endless supply of things to worry about simply because we know more about the markets than previous generations of investors. The massive growth of technology stocks over the past decade or so gives many investors pause about how this impacts the market structure. In this piece I wrote for Fortune I look…

Every year the entire global financial system avoids complete and utter collapse the chorus of anger grows louder from a subset of people who claim markets are some combination of broken, rigged and manipulated. Markets are untethered from fundamentals and nothing more than a casino. Central bank intervention, massive stock buyback programs, the rise of…

Historical returns for stocks, bonds, and cash.

What happened in the 2010s in the markets.

On this edition of our favorite finance movies, we re-watched the Dan Aykroyd, Jamie Lee Curtis, Eddie Murphy classic, Trading Places. We discuss: Lifestyles of the rich and famous in the 1980s Why did it take so long for movies to start in the 80s? Trading commodities in the futures pits Gold vs stocks since…

What happens to the stock market in the year after big gains?

Some of the best charts from the past decade.