We Are Moving In The Right Direction “How long does it take to get a dose of nature high enough to make people say they feel healthy and have a strong sense of well-being?” –Anne Frank 04-10-2023 You don’t have to look very hard these days to find negativity. It appears that negativity rules the …
It’s Not The Market “Invest for the long haul. Don’t get too greedy and don’t get too scared.” –Shelby Davis 04-03-2023 This is one of my favorite investment quotes. It’s a good reminder that it’s not the market which stops us from making returns but it’s us. The fear and greed in us doesn’t allow …
Tidbits of Wisdom “”I don’t know of anyone that I would say should not index.” –Charles Ellis 03-27-2023 Charles Ellis has been the voice of reason in investing for over 50 years. His book, Winning the Loser’s Game, is classic book on investing. It’s a book that really opened my eyes to what investing is …
A Painful Lesson “Diversification is your buddy.” –Merton Miller, Nobel Laureate 03-20-2023 This was Merton’s quote when asked to sum up the most important concept investors should know. It’s certainly a lesson I take very seriously. Our average portfolio has over 25,000 unique holdings in 21 distinct asset classes covering 78 total countries. That’s real …
It’s Not About Perfection “The reality of investing is that theoretical perfection is usually unattainable or more trouble than it’s worth.” –Jeff Ptak, chief ratings officer, Morningstar Research Services 03-13-2023 Came across a good article recently by Jeff Ptak. He outlines some of the surest ways to investing excellence. Spoiler alert….it’s not about pursuing perfection: …
Skepticism not Pessimism “Your portfolio is like a bar of soap. The more you touch it, the less your gonna have.” –Wes Crill, Head of Investment Strategy at DFA 03-06-2023 Check out this short video (2 minutes) were Crill explains why he is a skeptic and not a pessimist: Why I Embrace Skepticism Subjecting research …
No Spin Just The Facts “Now imagine it’s the end of 2019 and you know what you know now. You’re asked to predict market returns over the next three years. Will stocks be up 25%? Flat? Down 25?” –David Booth, CEO and founder of Dimensional Fund Advisors 02-13-2023 How would you answer Booth’s query considering …
Don’t Make These Mistakes “My advice to investors – don’t make the same mistakes you made last year.” –Mark Matson, Founder and CEO of Matson Money 02-06-2023 Check out Mark’s appearance last week on Fox Business to find out what these mistakes were. By sticking to a disciplined approach and focusing on broadly diversifying your …
Become An Educated Investor “When it comes to investing, the key is not to try to outsmart the market, but to understand how it works and use that knowledge to your advantage.” –David Booth, Chairman and Founder of Dimensional Fund Advisors 01-23-2023 This quote pretty much sums up how I invest and why I write …
The Markets Are Beating Them “Contrary to their oft-articulated goal of outperforming the market averages, investment managers are not beating the markets: The markets are beating them.” –Charles Ellis, author of Winning the Loser’s Game 01-16-2023 Truer words were never spoken, Mr. Ellis. Just check the chart below for confirmation of this fact. This chart …