The financial press is not particularly good at forecasting market moves or giving reliable investment advice.  In fact, it’s generally awful at both.  (It’s a structural flaw; markets are forward looking, anticipating what will happen, while journalism is backward looking, explaining after the fact what already has happend). But if the financial press is truly good...Read More

Barron’s ran a featured story by Kopin Tam in last weekend’s edition titled “Just Don’t Lose It” that was telling.  Tam pointed out that, even after the best January in well over a decade, investors weren’t embracing equities, and neither were their financial advisors.  Only 44 percent of financial advisors planned to increase their clients’...Read More

Sometimes it is really hard to believe that Wall Street is run by serious, highly-educated professionals.  You wouldn’t hear a doctor use a ludicrous expression like “Santa Claus Rally.”  You wouldn’t take an accountant seriously if you heard them utter pithy nonsense like “Don’t frown, average down” or “Buy on the rumor, sell on the...Read More

Charles Sizemore was interviewed in a recent article by Reuters’ Lou Carlozo: Amid a burst housing bubble, worldwide jitters over government debt and the high-profile recklessness of some financial movers and shakers, markets in the U.S. and abroad have taken a beating… Risk today, in almost any form, is seen as the enemy by a...Read More

2011 has been a rough year for investors.  Stocks, as measured by the S&P 500, are down nearly 8% for the year and down 14% from the April highs.  And while 14% may not sound like all that much in the grand scheme of things, investors felt every point in a surge of volatility that...Read More