Too many CEOs are focused on short-term stock gains rather than on long-term sustainability for their companies and the economy as a whole. This is a major factor in two of our country’s largest economic problems: low wages and wealth inequality. As Rex Nutting pointed out in his article “How the Stock Market Destroyed the…
April 2015
You Should Ignore Investment Advice From These 6 People
Not acting like an idiot is a huge component for successful investing. Trying to create the perfect investment strategy or being blessed with an off-the-charts I.Q. are often liabilities for the individual investor. Charlie Munger, Warren Buffet’s chief lieutenant sums this up perfectly: “It’s not brilliance, it’s just avoiding stupidity.” Regarding stupid behavior he remarked,…
Bull Market “Febezzlers” Riding High — For Now
Bull markets often hide very shady practices, as investors found out all too well when the economy imploded in 2008 and all the malfeasance of the financial services industry rose to the surface. It doesn’t take a stretch of the imagination to predict that some ugly truths will be unveiled when this bull market eventually…