The Wisdom (and Madness) of Crowds
…a stock, evaluate their prospects, make some estimates and assumptions and come up with an intrinsic value. The efficient market folks say that their intrinsic value estimates, on average, are…
…a stock, evaluate their prospects, make some estimates and assumptions and come up with an intrinsic value. The efficient market folks say that their intrinsic value estimates, on average, are…
Legendary investor Peter Lynch once said that if you spend 13 minutes per year on economics, you’ve wasted 10 minutes. Although I spend more than three minutes per year looking…
…IRA or Roth IRA within 60 days. If completed within a 60 day period, there are no taxes or penalties. I’ve done this maneuver before personally, thinking that it was…
…weren’t likely to go lower, which meant that they would have to go higher. I was wrong on both counts. First, I’ve come to believe that until rates are at…
…higher than cash and stocks are about four times more volatile than bonds, making stocks 21 times more volatile than cash. As always, risk and return go hand in hand….
…government bonds, New York city real estate, Iowa farmland and, of course, US stock prices. In the last few months, I feel like I’ve read a lot of articles about…
…them happy – 84 percent of people said saving money makes them happy Interestingly, they also found that earning money contributes to happiness, but essentially plateaus after household income crosses…
…It seemed like such a remote possibility that I haven’t given it any thought since then. Seeing the burning Quick Trip and reading that most commercial businesses would probably be…
…Street Journal reported that the Securities and Exchange Commission (SEC) has joined the Office of the Comptroller of the Currency (OCC), a bank regulator, are investigating the banks sales practices…
…to 1967) to provide a method for estimating our purchasing power with our trading partners; the basket of currencies used to compute the value of the dollar changes as our…