One purchases insurance with the hope that it never has to pay out.

the goal of being 20% less volatile than the benchmark has not been ascertained. It will certainly be tested going forward.

Charlie Munger " Always Invert"

Consumers and Investors are not happy. Financial Repression continues

Market analysts grapple with the task of foreseeing future stock market levels.

The Price of oranges...this morning I was truly startled.

One should be concerned with the rising levels of government debt. In around 2400 BC the Sumerians had a phrase for compound interest....

There appears to be no method to gauge "peak" investor interest.

Maximizing leverage is terrific if your timing is perfect. Luck will likely play a major part in getting the timing right.

Ten Surprises - Contemplating the Future

Investment Returns with Risk Controls

I have been contemplating changes in the work environment. Barron's and Apple News shared my interest in the topic and published my...

Could global interest rates fall to substantially lower levels?

If you are a well-known investment analyst, can you make claims with little chance of hearing feedback?

Is it the comfort of knowing Canadian names or is there an opportunity for portfolio improvements, by increasing my U.S. exposure?

The Hero in You: Would You Bet against the House?

Why would you abandon confidence in a strategy that has generated a positive return 87% of the time over the past sixteen years?

"Risk Not Thy Whole Wad", a classic ad that lives on

What I lacked in wisdom was made up in confidence. " It could be the start of better markets...simply due to everyone being so pessimistic

A good friend asked me if individual investors can compete fairly with institutions and hedge funds. It is an important question and...