Investment Insights

Wisdom, Experience, and Life Lessons

It is always wise to listen to those who have come before us.  They have experience and wisdom that younger generations lack.  That is why I found the post done by WSJ columnist Jonathan Clements so insightful.  Here are 11 changes he sees in himself, and others, as they age.

How Poker Can Make Us Better Decision Makers

Poker is all about consistently making great decisions. Winning is a byproduct of that decision-making.  It doesn’t happen every time, but you can tilt the probabilities in your favor. 

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. 

Are You A 1%’er?

The IRS recently released a report with some interesting data on income trends in America. As you would expect, it takes a lot to get in the top 1% of all taxpayers. Here are some of the stats.

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.

The Wine Lovers’ Guide to Investing

Savoring a vintage wine is one of life's great pleasures. But often overlooked in the joy of consumption is the carefully calibrated journey from grape to glass. Similar levels of care are critical to good investment outcomes.

The Active Passive Powerhouse

For years it has been assumed that you have to be either an active or passive investor. It is also assumed (depending on which camp you're in) that one is better than the other. In my opinion, the argument over active vs. passive management can be put squarely to bed. And the answer to which investing strategy we use is...Both. This is called evidence-based investing, and it is a strategy used by a company whose funds we are extremely fortunate to use on our clients' behalf ---Dimensional Fund Advisors (DFA).

How Many Clients Does Your Advisor Work With?

How Barron's Top 1,200 financial advisors effectively serve 521 clients? We have clients from these firms coming to our firm every month looking for a better solution.

The Dirty Little Secret About Index Funds

If you read this blog regularly, you know that we advocate a passive, low-cost, diversified investment portfolio.  Most people equate that to index funds.  For the majority of investors, index funds are a great alternative to their actively managed counterparts.