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Experts Who Predicted Recession
“The only function of economic forecasting is to make astrology look respectable.” – John Kenneth Galbraith. I took a look back through my files to see which market economists or analysts correctly...
View ArticleInvestment Guru Predicted Crash
“There will always be someone predicting disaster and someone predicting great fortune. At one time or another, each will be closer to correct than the other. But it won’t matter to you if you...
View ArticleSearching for a Better Investment Guru
U.S. stocks declined yesterday to the lowest prices in more than 12 years. The Standard and Poor’s 500 closed at 700. You would think that now would be a very good time to have a reliable investment...
View ArticleCNBC Financial Advice
The Daily Show With Jon Stewart Mon – Thurs 11p / 10c CNBC Financial Advice www.thedailyshow.com Daily Show Full Episodes Political Humor Healthcare Protests Last week Jon Stewart of the Daily Show...
View ArticleBrawl Street: Jon Stewart vs. Jim Cramer
The Daily Show With Jon Stewart M – Th 11p / 10c Jim Cramer Unedited Interview Pt. 1 thedailyshow.com Daily Show Full Episodes Economic Crisis Political Humor I’m not a fan of the financial advice...
View ArticleInvestment Pornography, Part 1
Caught your attention, didn’t I? Please don’t be offended by the title of this post, and please don’t snigger over it. This is serious business, after all. Also called “Financial Pornography,”...
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The Stock Market Declined, Now What?
“Don’t let short-run fluctuations, market psychology, false hope, fear, and greed get in the way of good investment judgment.” – John Bogle. Last week I was contacted by Sarah Morgan, a writer for...
View ArticleFreedom from the Press
While freedom of the press is crucial to a well-functioning democracy, reading the financial press may be hazardous to your wealth. One of the worst things investors can do, right now, is to pull out...
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Admitting Ignorance
“After more than a quarter-century as a professional economist, I have a confession to make: There is a lot I don’t know about the economy.” – N. Gregory Mankiw. The well-kept secret that the media...
View ArticleConfessions of an Investment Manager
When I studied Economics and Finance in business school, I learned many useful things about investing, but over time I have discovered that they were not nearly enough. Here are the exceptions to what...
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