Busting Another Wall Street Myth
…correlations. On a 60/40 stock/bond portfolio, you can see that the difference between a -0.35 correlation and a 0.35 correlation isn’t very high, about 10 percent. While 10 percent may…
…correlations. On a 60/40 stock/bond portfolio, you can see that the difference between a -0.35 correlation and a 0.35 correlation isn’t very high, about 10 percent. While 10 percent may…
…this past Thursday. Bitcoin’s all-time high at close was $18,674.48 on 12/18/2017. It fell more than nine percent the next day, and while it was a volatile trip down, it…
…that the curve is inverted. I guess, though, in fairness to the media, the difference between two’s and ten’s is very small, only 0.14 percent. It wouldn’t take a ton…
…years ago, the ECB and their President, Mario Draghi, didn’t see fit to take their patient off the medicine until three months ago. Good news, right? Well, yes, but last…
…2005, when he was heralded ‘Yale’s $8 Billion Man’ upon the 20th anniversary of taking over the endowment. The performance during that period was remarkable: 16.1 percent versus the S&P…
…the last 10-years. In the 10-years that ended on March 31st, Berkshire Hathaway is up 12.5 percent, which is pretty good until you compare it to the S&P 500, which…
…the data should fall between -1 and 1. Ninety-five percent of the time, it should fall between -2 and 2. A reading of -6 ought to occur every 1,167 years…
…company – wow!). Still, I’m reminded of one of my favorite quotes of his: Someone’s sitting in the shade today because someone planted a tree a long time ago. …
…don’t have a picture of the dot plot, I made a chart with the same information (the dot plot was taking too long!). The first chart shows where members (voting…
…1965, when the total return (price and dividend) data starts for the DJIA, the annual return through June was 10.49 percent. To my surprise, the S&P 500 returned 10.50 percent…