The Dirty Little Secret About Warren Buffet’s Bet With A Hedge Fund Manager
Warren Buffet made a bet with a hedge fund manager that just ended. The bet was pretty simple. Put up $1 million and pick the best investment for a 10 year period (bet started on 1/1/2008). The winner would give the $1 million to the charity of their choice.
Read More »
Five Things Your Financial Advisor Should Be Doing
There are a good number of articles on the internet about how to choose a financial advisor. I thought I would write one on what you should expect from your advisor if you already have one. We believe there are some key areas that all comprehensive advisors should be monitoring for their clients.
Read More »
Is The Stock Market Game Causing Bad Behavior In Our Children?
Our first introduction to the stock market came from playing some version of the stock market game in high school for many of us. To be sure, there are some great things about this game, but it can start students on a path of bad behavior when it comes to investing.
Read More »
Amending Warren Buffet’s Golden Rule
One of the more damaging pieces of advice to the average investor is Warren Buffet’s famous investment rule: “Rule No. 1: Never lose Money. Rule No. 2: Never forget Rule No. 1.” While this folksy wisdom has a great ring to it, it can be easily taken out of context.
Read More »
Is Your Advisor a Part-Time Fiduciary?
When you visit a doctor, you probably assume that he/she must do what is in your best interests and not what maximizes that doctor’s income. And you would be correct. Unfortunately, the same cannot be said with financial advisors. Being a fiduciary means that an advisor must legally put the client’s interests first.
Read More »
