For a year that started with one of the best first quarters in history, the second quarter has proven to be something of a disappointment. On the first trading day of June, the U.S. averages had their worst performance of 2012, pushing the Dow Industrials into negative territory for the year. The S&P 500 is...Read More

“Buy low and sell high” is the standard advice of any value investor. It can also be remarkably hard to put into practice. You see, we humans are herd animals, and we tend to think and act as groups, particularly during times of stress. Call it the primal human instinct to seek strength in numbers....Read More