Small individual investors, like you and me, don’t have many advantages over large institutions. But as counterintuitive as it might sound, our small size is a huge one. Institutional investors…
They did it on Sunday afternoon while Americans were still enjoying their weekend… Saudi Arabia, along with OPEC and other members such as Russia, announced they’d be cutting oil production…
Sitting in my firm’s investment committee meeting in April 2009, it was clear we had a problem. A good problem to have. But still a problem. Since I started at…
It’s classic Washington accounting. They show off big numbers and projections, and promise us that spending a fortune today will somehow save us money in the future. But the problem…
This crisis in the banking sector is not going away anytime soon. And as Mike Carr will tell you, it’s much bigger than Silicon Valley Bank, or even the tech…
I’m a short-term trader. The reason for that is because I understand long-term risks. Long-term investors are often too comfortable in their belief that the market of today will be…
Everybody knows that trading is risky and buying 30-year Treasury bonds is safe. Right? There’s actually an argument for precisely the opposite. Hear me out… Exhibit A is the recent…
Successful startups follow a typical pattern. An entrepreneur has an idea. They start a business. After a short time, the business makes money. Starting the business is challenging. Entrepreneurs generally…
Today’s financial media is overrun with stories about failing banks and financial risk. Yet five years from now, the only thing investors will remember about 2023 is the outrageous bargain…
The repercussions of Silicon Valley Bank’s collapse last week are still coming. And not just in the financial sector. With this latest bank run, everyone’s drawn parallels to the financial…
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