Worst. Idea. Ever.
Every now and then a remarkably bad idea springs to life. It gets debated, ridiculed and eventually discarded. In the marketplace of...
What’s Your Investing Philosophy?
My Sunday Washington Post Business Section column is out. This morning, we look at two competing investment philosophies,...
Don’t Think of Rates As ‘Going Higher’, Think of...
I spent the past week in Maine, fishing for smallmouth bass and discussing policy with largemouth economists. It is an annual trip, and...
How to sort through garbage online investment advice
My Sunday Washington Post Business Section column is out. This morning, we look at how the internet evolved as a source...
Apple’s New Product Intro Pattern
Farhad Manjoo of the NYT explains the why the usual pattern seems to be happening with Apple: “Analysts’ estimates vary wildly,...
Market Forecasters Are Like Blind Squirrels…
Earlier this summer, I tweeted a wonderful line from Brett Arends column, 25 things I wish I knew when I graduated from high school:...
Analysts Are Now Honestly Wrong. That’s a Huge...
Sometimes the gains from a new regulatory regime are obvious. The creation of the Federal Deposit Insurance Corp. is a perfect example....
Always a ‘Great Quarter, Guys!
It’s Always a ‘Great Quarter, Guys!’ If You’re an Equity Analyst Source: Bloomberg
Margin Debt Hits an All-Time High . . . So What?
Every now and again, a way of looking at markets suddenly gains traction. Data gets assembled, analyzed, reviewed. Eventually, it becomes...
Don’t Let Bias Corrupt Your Analysis
Those of you who over the many years have followed some of the thoughts and observations I jot down each morning may have noticed several...