The Big Picture

Doug of d-short fame looks at the above question, and concludes, not so much: Diversification is a cornerstone of Modern Portfolio Theory...

Barron’s Bob O’Brien says that after the S&P 500 fell to a 12-year low on March 9th, it then experienced a v-shaped...

Dear Reader: Please give me 8 minutes to explain the $1.1 trillion federal government Public-Private Investment Program (PPIP). Start...

Ernest Kurnow, a 96-year-old business school professor at New York University, finished his own schooling in the middle of the Great...

Words from the (investment) wise for the week that was (March 23 – 29, 2009) Following Fed Chairman Ben Bernanke’s “money...

Opinion on the AIG Bailout, Bonuses Balachandran: FORA 04 min 33 sec

Investors, we are told, demand a risk premium for investing in stocks rather than bonds. Without that extra return, why invest in risky...

I mentioned the “cult of equities” earlier this morning; An article in the Atlantic on the Cult of Finance is making the...

Wally Wallington has demonstrated that he can lift a Stonehenge-sized pillar weighing 22,000 lbs and moved a barn over 300 ft. What makes...

Since the credit crisis began, I have frequently found myself in agreement with Paul Krugman. Not everything, but for the most part,...