Back in February, when a very prescient colleague of mine was busy liquidating his equity portfolio, a good friend of mine was going in the opposite direction. He and I had discussed investing in the past – and he had fully signed on to the gospel of not looking to beat the market, investing in …
About ten years ago, I attended an investment conference that brought together students and faculty from a number of MBA programs on the East Coast. Eugene Fama was one of the keynote speakers at the event. This was a few years before he won the Nobel Prize, but it’s fair to say that he was …
Want to learn a guaranteed way to never, ever lose money in the stock market? Then today’s post is for you. Those who have read about the magic money machine will remember this graph: It’s a good representation of the random walk the stock market follows every single year. Some years are great. Some are …
Back in late February (which now feels like a lifetime ago), a colleague and I were chatting about the stock market. The S&P had just gone down through the 3,000 mark. The said colleague, who happens to be a very thoughtful person, mentioned that he was worried about the prospects of a pandemic and had …
If one were to distill the most contentious question in stock market investing, it would boil down to this: “What is a reasonable expectation for stock market returns going forward?” Your take on the question above impacts a multitude of things. First and foremost, it drives your asset allocation decisions. Do you go all-in on …
Not too long ago, one of my readers posed an interesting question in the comments section of this blog. Essentially, it boiled down to this: I am using the stock market for long-term wealth building and my goal would be to FIRE, hopefully, within 15-20-25 years. I have recently read the book “Your Money or …
One of my best friends happens to be a wildly successful real estate investor. Picking up the baton of a family business, he built up a neat little empire of apartment buildings and commercial properties – all by the age of 40. He also happens to hate the stock market. To him, it just doesn’t …
How To Choose Between Real Estate And The Stock Market Read More »
In the personal finance community, you will struggle to find a set of people more vehemently disliked than active money managers. Yours truly certainly shares the sentiment. There are exceptions, of course. Star managers who haven’t (yet) fallen from grace. The rare species who manage to deliver truly superior risk-adjusted returns for their investors. Ultimately, …
