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…

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…

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…

A Little Portfolio Spring Cleaning

Photo credit: stavos
Around this time every year, “well-used” shirts magically disappear from my closet. For years, I thought I was losing my mind. Then I realized that it was my wife’s not-so-subtle way of telling me it was time […] Continue Reading…

I Hate Paying Taxes

Photo credit: B Rosen
I can be something of an ideological nut job when it comes to avoiding income taxes. In my younger days, before my wife dragged me kicking and screaming into normal, civilized behavior, I was known to […] Continue Reading…