…forecast its intrinsic value. This investor then compares their estimate of the intrinsic value compared to the market price and if the market price is cheap compared to their estimate,…
…this. In order to understand what happened to stocks last week, we actually have to turn to the bond market and take ourselves back to the election. When President Trump…
…Administrator. Yes, there hasn’t been a year yet where we made 75 errors. Remarkable, especially when you consider the number of trades that we execute, as pictured above. Still, I…
…A-shares overnight. Vanguard, the epitome of responsible and prudent investing, will slowly adopt the A-shares into their emerging markets fund. Right now, the fund is 29 percent China and that…
…they usually mean some kind of complicated hedging strategy. Over the years, I’ve investigated a lot of options strategies, and while I haven’t found anything interesting, one strategy shows why…
…be proud either way, but there’s a $50k per year cost difference. At that point, I was way overfunded for Mizzou and pretty underfunded for Harvard. I knew that I…
…factor in their deposits and withdrawals. This compares to the ‘total return’ that a fund earns regardless of what flows are going in and out. According to Morningstar, the investor…
…A quick primer: ETFs are like mutual funds in that they own portfolios of stocks or other securities. In a mutual fund, investors buy and sell after the market closes…
…were forced out of the labor market entirely. The following chart shows two different measures of unemployment provided by the BLS to help understand the labor situation. The unemployment rate,…
