Review: Behavioral Portfolio Management

Would you trust a money manager who couldn’t recall the names of the stocks in his portfolio?

Probably not.  You expect the person overseeing your investments to have intimate knowledge of every holding.  It’s your money on the line, after […] Continue Reading…

401k Moves to Make this Spring

2014 has been something of a lackluster year in the markets.  Economic data and earnings results haven’t exactly lived up to the expectations implied by last year’s 30% returns.  With earnings season almost over, about 76% of the companies […] Continue Reading…

China’s Mother Shortage

Here’s a little something to think about following Mother’s Day. I trot this chart out every few months to drive home an important point: Over the long term, China is destined to undergo a Japan-style demographic malaise.  It is […] Continue Reading…

India’s New Prime Minister: What You Need to Know

India—the world’s largest democratic country—is in the early stages of a parliamentary election that won’t be wrapped up until the last polls close on May 12 (votes will be counted by May 16).  India has the world’s largest population […] Continue Reading…

The Strategy, Signal, And Power Of Utilities

Utilities don’t get a lot of love from investors.  They are the stodgiest of market sectors and tend to be purchased by the proverbial “widows and orphans” looking for a safe and reliable quarterly dividend check.  And their sensitivity […] Continue Reading…