9 Sep 2014

Value in the Modern World

I like old-timers. They have terrific knowledge, perspective and, above all, experience. I love hearing the war stories about how decisions were made, what succeeded and what failed and the people who were in the room. Over the weekend, I watched a rerun of WealthTrack on YouTube, a PBS show that features a reporter named Consuelo Mack interviewing many of the titans of finance. Most of them are from what… Read More

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8 Jan 2014

Growth vs Value in 2013

Looking back at the year that was in 2013, one of the most interesting questions in my opinion is which style won: growth or value?  Before answering the question, let’s take a quick minute to discuss these two styles. In short, value is the tendency for cheap stocks to outperform expensive stocks.  Simple enough, right?  It sounds like something legendary investor Ben Graham or his prodigious student Warren Buffet might… Read More

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