The quality of brokerage account services has really come a long way over the past 20 years, even while costs have shrunk to almost nothing. If you’re paying more than about $10 per trade… frankly, you’re doing it wrong. Whether your beat is day trading or long-term stock trading, there has never been a better...Read More

Every year at about this time, Josh Brown of the Reformed Broker compiles his list of “What I Learned” over the course of the year. This year’s list didn’t disappoint. I recommend you read the entire list here, but I included some of my favorites below: Jim Lebenthal (Lebenthal Wealth Advisors): investing requires the courage of your...Read More

What goes up must come down. Those were the words Sir Isaac Newton used to describe the forces of gravity, but more often than not, those words also can be used to describe highflying momentum stocks. When a momentum stock gets hot, valuation doesn’t matter — at all. Price becomes completely divorced from value. If...Read More

Let’s go back in time 30 years. Remember those “Taste great / less filling” Miller Lite beer commercials from the mid-1980s? You could roughly divide the world’s beer-drinking population into two rival factions: Those that insisted that Miller Lite tasted great…and those that insisted it was less filling. I believe many men lost their lives...Read More

It’s that time of year again. Tomorrow morning, thousands of adventurous (or phenomenally stupid) young men from around the world will run with the bulls in the streets of Pamplona. I was one of those adventurous (let’s be honest — phenomenally stupid) young men once (see “¡Viva San Fermin!“). Though it was over a decade...Read More