Warren Buffett released his annual letter to shareholder on Saturday and, as always, it was a delight to read. You can find the entire letter here; but today, I thought I would share some of the highlights. *** One word sums up our country’s achievements: miraculous. From our standing start 240 years ago – a span of time less that triple my days on earth – Americans have combined human… Read More
A study by the Employee Benefit Research Institute (EBRI) released in January estimates how much savings people need just to cover out of pocket healthcare expenses. (You can see the entire study here) Like our retirement planning software, the EBRI conducted Monte Carlo simulations to estimate the effect of varying mortality rates and portfolio returns. The EBRI found that for a 65 year old man to have a 50/50 shot… Read More
Most of the time, the topics that I choose for Daily Insights are things that I think I know a lot about. Sometimes, I write about a topic in an effort to learn more about it. That’s the case today: I had never heard of a border adjustment tax until a few weeks ago, wanted to know more and thought I would share what I’ve learned. Some of you undoubtedly… Read More
