…list of stocks from a variety of industries: JC Penny, Citigroup, Boston Scientific, Thornburg Mortgage, Silicon Graphics, Smurfit-Stone, Sprint, Revlon, Chesapeake Energy, American Airlines, Lehman Brothers, Pacific Gas & Electric…
Twice per year, Standard & Poor’s issues a report that compares the performance of actively managed mutual funds to corresponding S&P indexes. The most recent report, the S&P Indexes Versus…
…fund. False 52% of Americans answered correctly Who answered all three questions correctly? Highest Scoring: Germany at 53% United States 30% Lowest Scoring: Russia 3% Source: 2014 State Street Global…
…back to the same level at $182.9 (it had been as high as $214.0 billion) and earned $11.4 billion, for a price-earnings ratio of 16.0. I have a love-hate relationship…
…always considered a ‘bet’ on ever-rising US prosperity to be a very sure thing’ Hear, hear, Mr. Buffet, I couldn’t agree more. Thank you for another year of investing wisdom….
…Q&A session. The ‘small’ news was that the FOMC continued to wind-down their long-running quantitative easing program by another $10 billion per month. The program, which reached $85 billion per…
…(real simply means adjusted for inflation; as opposed to fake) on the x-axis. The y-axis shows the real total return for stocks in each market. Visually, we can see that…
…back to 2004 levels, according to the Case-Shiller 20-City home price index (but how can we trust an index that doesn’t include St. Louis?). Home prices stopped falling in 2009…
…firms. Still, compared to other firms on the list, we were pretty small back then. We just crossed $1.1 billion which, by my estimate ranks us between 100-125 among RIAs…
…trading day and are often slightly less expensive. Today, we’ve invested $250 million in open-ended mutual funds on behalf of our clients. Wow! That’s a lot of money moving in…
