Market prices are created by millions of different opinions, time horizons, risk appetites, investment styles and personality types. These differences are what make a market. Otherwise, there would be few transactions and a lack of liquidity. Investor sentiment is often based not only on what’s going on in the markets but also how people position…
Some Thoughts, Worries and Questions About the Crisis
What is going to happen to schools in the fall?
What Happens to Stocks After a Big Up Month?
Stock market returns following a huge up month.
Can Millennials Count on Social Security In Financial Planning?
Social security can still be used in financial planning for young people.
What Happens When Distressed Markets Don’t Give You Distressed Prices?
Why Warren Buffett never got a chance to buy.
Animal Spirits: Whatever it Takes Squared
Michael and Ben discuss Warren Buffett’s shareholder meeting, the 2019 IPO class, dead malls and more.
Going Down a Rabbit Hole of Companies Impacted by This Crisis
Going through some of the companies I use that have been impacted by this crisis.
How Will the Crisis Impact Housing Prices?
Why housing prices may not fall as much as you think during this crisis.
It’s Just Another Manic Market
In February the S&P 500 fell more than 8%. Not to be outdone, March was one of the worst months in market history, dropping more than 12%: Just to keep investors on their heels, April followed up one of the worst months in history with one of the best ever: To recap: Nasty month in…
Animal Spirits: A Noobwhale Picker’s Market
We discuss: The latest crazy economic data Is this the hardest market environment to outperform ever? Will any investors develop a more open mind about investing after this? Will more millennials buy homes because of this crisis? How worse would things be if the Fed didn’t act so fast? What are the unintended consequences of…