And here’s a few more of my favorites. Links followed by excerpts. Enjoy! Play Music, Get Rich As a kid, I used to tease my dad on road trips for tuning in to the classic rock station. It just seemed so stereotypically old-man-ish. Yet as I approach my 40th birthday, and the inevitable midlife crisis that...Read More
Here are a handful of my favorite posts from Economy & Markets over the past year. Links followed by excerpts. Enjoy! How My Friend Retired at 40 I very rarely smoke cigars anymore, but one of the benefits – I would go so far as to call it a health benefit – is that smoking...Read More
It’s morally wrong to enjoy the benefits of something while leaving others to accept all the risks. This is the central theme of Nassim Nicholas Taleb’s latest work, Skin in the Game: Hidden Asymmetries in Daily Life, a book that should be required reading for anyone in public office or in any position of authority or influence....Read More
The following is an excerpt from 5 “Oddball” Dividend Stocks With Big Yields, originally published on Kiplinger’s. It’s not the easiest market out there for income investors. With bond yields being depressed for so many years (and still extremely low by any historical standard) investors have scoured the globe for yield, which has pushed the...Read More
The Oracle of Omaha made a very public bet with Protégé Partners on December 19, 2007 that over the following 10 years, an unmanaged S&P 500 index fund would outperform a collection of five high-profile fund-of-funds. Buffett won the bet… and it wasn’t even close. The S&P 500 returned a cumulative 125.8% (or 8.5% per year)....Read More
