At the end of December I will have been a financial advisor for 10 years. In some sense it feels like a lifetime has gone by, and in other ways it only feels like a few months. Early in my career I feared the question from prospective clients "how … [Read more...] about 10 Years As a Financial Advisor
Take the Parallax View
Parallax - is a displacement or difference in the apparent position of an object viewed along two different lines of sight. Billy Beane is the general manager of the Oakland Athletics baseball team, and portrayed by Brad Pitt in the 2011 movie, … [Read more...] about Take the Parallax View
Should You Sell Your Stocks Before The Election?
I don't know if you've heard, but there is a Presidential election in November. Every 4 years this seems to add a bit of nervousness for investors. This is the third Presidential election in my short career as a financial planner. In all three … [Read more...] about Should You Sell Your Stocks Before The Election?
Does Investing in Gold Make Sense?
Investing in gold is once again gaining in popularity, with the price appreciating over 25% for the year thus far. On August 6th the price reached an all time high of $2,065 an ounce and it has since retracted. Some investors view gold as a hedge … [Read more...] about Does Investing in Gold Make Sense?
A Few Words on Stock Splits
"Please cut the pizza into 4 pieces because I'm not hungry enough to eat 8." -Yogi Berra Before I say anything critical about Tesla's stock split, I would like to take the opportunity to remind everyone the stock is up about 300% since I questioned … [Read more...] about A Few Words on Stock Splits
Why I Don’t Have Health Insurance
No I'm not joking. I don't have health insurance. My wife doesn't have health insurance. My children don't have health insurance. I imagine a few thoughts are circling through your head reading that, and among them would be "this has to be the … [Read more...] about Why I Don’t Have Health Insurance
Quarterly Commentary (Q2 2020)
The 2nd quarter saw a tremendous recovery in global markets, leaving many people surprised as the market seemed to move upward in the midst of a lot of bad news. This is not unusual, as the market is a leading indicator of expectations and will … [Read more...] about Quarterly Commentary (Q2 2020)
How To Lie With Statistics – COVID Edition
Statistical crimes are off the charts (no pun intended) in 2020. Why? It's easy to accept a chart or graph on the internet at face value without diving into it any deeper. A little book I love is a short read written by Darrell Huff in 1954 titled … [Read more...] about How To Lie With Statistics – COVID Edition
A Ulysses Contract
Ulysses (Greek name Odysseus) was the Greek King of Ithaca and the hero of Homer's Odyssey. After the Trojan War, Ulysses had a long journey back to Ithaca. Along the way, he had an extended visit with the witch-goddess, Circe, who advised him on the … [Read more...] about A Ulysses Contract
Revisiting Small Cap Value Investing
"The variance of happiness is how we are doing comparatively" -Annie Duke In September of last year I wrote about the declared death of small cap value investing (link). It was no secret at that time that US Large Cap Growth stocks had been … [Read more...] about Revisiting Small Cap Value Investing
