The 2018 Tax Filing Numbers Are In, and Most People Won’t Be Happy

Well, the IRS numbers are in from the 2018 tax-filing year. It’s the first under President Trump’s tax reforms, and the results won’t make anyone particularly happy.

It’s not that most Americans are paying more in taxes. In fact, most […] Continue Reading…

The Student Debt Slowdown: An Overhang of $1.4 Trillion

I was never the biggest fan of John Maynard Keynes. While he was a brilliant economist — and a sometimes solid investor — he was a disaster with policies. His ideas have given generations of politicians from both parties […] Continue Reading…

Warren Buffett is Wrong

I really hate arguing with Warren Buffett

After all, the Oracle of Omaha can call “scoreboard” on just about any investor alive today. His cumulative returns at Berkshire Hathaway are a whopping 2,472,627% since 1965. No one in history has […] Continue Reading…

Is Value Investing Dead

For value investors, the past 10 years have been outright depressing.

Since bottoming out in 2009, the S&P 500 is up over 330%. That compares to 235% returns in the S&P 500 Value Index. That’s nearly a 100% difference in […] Continue Reading…

Blue-Chip Stocks to Buy on the Next Dip

There’s an old Wall Street saying that goes, “Bulls make money, bears
make money, pigs get slaughtered.” No one really knows who originally
said it, but its meaning is clear. You can make money in a rising market
or […] Continue Reading…