On the one hand, this doesn’t look normal: Stocks basically had a flash correction from all-time highs, rebounded a decent chunk of those losses, and have now continued falling into correction territory. On the other hand, there is no playbook for stock market corrections and bear markets. Assuming markets are going to follow the same…

In a recent blog post, billionaire Richard Branson discussed the benefits of a flexible work schedule that allows you to work remotely. His thoughts on this were shaped by the fact that Branson himself wanted to work more out of the office following the birth of his first son. He laid out 4 reasons employers should…

In my old job I spent a lot of time monitoring our stable of money managers. This meant having a deep understanding of their investment process, tracking performance, combing through their portfolios and understanding their risk exposures. Whenever we would have our quarterly meetings with these managers we would invariably discuss their top holdings. During these…

On this week’s Animal Spirits with Michael & Ben we discuss: How the competition for entertainment impacts business television. Amazon’s numbers are bonkers. How sales & marketing is changing in the asset management business. My pet peeve with surveys & statistics. Is America really as polarized as ever? The coming demographic shift that’s never occurred…

The recent market correction was unusual in how swift it occurred but the magnitude of the losses shouldn’t be unexpected for investors. Losses are part of the game when investing in the stock market. This piece I wrote for Bloomberg in the midst of the sell-off provides some perspective on this year’s losses in stocks….

Most career advice isn’t very helpful. Follow your passion but take the safe route but remember that you’re lucky to even have a job… I say this as someone who has sought out career advice on countless occasions throughout my professional life from a wide range of sources. The reason giving and/or receiving career advice is so…

I had a family member ask for some investment advice recently. They had come into some money and wanted to know if I had any thoughts on what they should do with it. It would be easy to simply offer up a fund or handful of funds to invest in but there’s more nuance required…

On this week’s Animal Spirits with Michael & Ben we discuss: Why the flash correction was so rare. The growing chasm between the haves and the have-nots. The huge following of Dave Ramsey. Why rising interest rates are a double-edged sword. Why crypto index funds don’t make sense. The potential move into financial services by Amazon….

In a podcast post-mortem about hosting the Oscars last week, Jimmy Kimmel told Bill Simmons that Martin Short is the greatest dinner guest of all-time along with being a member of the Mount Rushmore of great talk show guests. Then The New Yorker ran a story this week asking Is Martin Short the Greatest Talk-Show Guest…