Retelling the Story of Concentration Risk
…combined net worth was in General Electric (GE) stock. It was the largest position for both of us, actually. I received the stock when my grandfather died, which was right…
…combined net worth was in General Electric (GE) stock. It was the largest position for both of us, actually. I received the stock when my grandfather died, which was right…
…you see all other commodities in blue. The BLS starts with food and energy, which are large and volatile components (as seen in orange and red, the ‘hot’ colors). The…
…fund and then request grants to your favorite charities from the fund. Compared to direct giving, donor-advised funds are convenient because you can just make one or two contributions (of…
One of the big concerns coming out of the financial crisis was runaway inflation. Central banks around the world were buying bonds on a massive scale, which is effectively equal…
…history, showed that as long as two assets aren’t perfectly correlated, two assets could have a lower volatility combined than either one alone. In fact, a combination of these two…
…for $16 million, a subsequent loss of -79 percent, which took the top-to-bottom loss of more than -99 percent, (Remember my old joke: how do you lose -90 percent? Lose…
…NFLX). The company reported earnings of $3.53 per share, which was well better than analyst expectations of $2.91 per share, and the company’s own guidance, which was for $2.86 per…
Markets were caught off guard last week by several inflation data points last week, and the biggest surprise came from the core inflation rate which was expected to come in…
…other advisors were competing to come up with gloomier answers: seven years, no, eight! Eleven years, maybe 15! As it happens, it was around four years; although the folks in…
…reliably provide the cash flow that you need to live on and still have enough capital to enjoy the recovery when it comes, a bear market should be manageable. And…