Cambria Investment Management’s Meb Faber has always done excellent research. I read his first published book, the Ivy Portfolio, years ago and keep a copy in my office.  Ivy did a lot to change my views on alternative investments, which I now use extensively in my practice. Faber rarely tries to reinvent the wheel. In...Read More

  We’re now seven months into the contest, and I still have some catching up to do. My 6% year-to-date return in General Motors (GM) isn’t anything to be embarassed about… that is, until you see Albemarle (ALB), CoreSite Realty (COR) and Nvidia Corporation (NVDA) are all up well in excess of 30%. We still...Read More

The following is an excerpt from 7 Blue-Chip Stocks You Shouldn’t Hold Anymore. Marriage should be for life. But stock ownership? Not so much. Yes, I understand that a long-term buy-and-hold strategy keeps fees and taxes low and has generally proven to be a solid plan. But not all stocks are keepers — even supposedly...Read More

The following is an excerpt from Amazon.com, Inc. (AMZN) vs Alphabet Inc (GOOGL) – The Best 10-Year Bet If there has been one investment theme in 2017, it would have to be the “Amazon effect.” Amazon.com’s (AMZN) relentless push forward really went into overdrive this year with its planned purchase of Whole Foods Markets, Inc....Read More

Long-suffering Kinder Morgan (KMI) longs got some welcome news this week. After nearly two years of reduced payouts, Kinder Morgan will be aggressively hiking its dividend next year. Kinder will be bumping its annual payout from $0.50 to $0.80 next year, and plans to push it to $1.25 per share by 2020. That amouts to...Read More