Closed-End Funds: Still a Bargain

Photo credit: Owen Moore
In a world in which very little is cheap and most mainstream stocks and bonds offer little in the way of expected returns, closed-end funds have been a fantastic source of value. I’ve been writing about […] Continue Reading…

Comments { 0 }

A Peruvian Wedding and What’s Wrong with Berkshire Hathaway

Photo credit: Pellaeon
A Peruvian wedding and the recent Berkshire Hathaway (BRK.A) annual meeting have a lot in common.

That might not sound immediately obvious, but it’s true.

I’ve been in Peru for the past week. By lucky coincidence, the national Peruvian Paso […] Continue Reading…

Comments { 0 }

Energy Transfer Equity: Back in the Race

In early February, it was looking ugly for me in InvestorPlace’s Best Stocks for 2016 contest. I was down 70% year to date… and squarely in last place. My what a difference a few months can make. I’m now […] Continue Reading…

Comments { 0 }

One Investment… Three Ways to Profit

$150 billion is a lot of money.

And due to some planned changes the makers of S&P and MSCI indexes are making, that’s the amount of money that is likely to flow into shares of real estate investment trusts (REITs) […] Continue Reading…

Comments { 2 }

Lessons Learned From Prince’s Untimely Death

I gave my thoughts to Kiplinger’s Stacy Rapacon on lessons we can learn from the unfortunate passing of Prince. The music legend apparently passed away without a proper estate plan. Or if he had an estate plan, no one […] Continue Reading…

Comments { 0 }

This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice. This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.