Persistence of Outperformance Is a Myth “If I were a betting man, I would have a higher chance of getting three consecutive heads on a flip of a coin. My chances of success would be higher compared to the chances of me picking a fund that persists its performance for three consecutive years over its …
FAANG Stocks Outperformance “FAANG Stocks- Facebook, Amazon, Apple, Netflix and Google” –term coined by Jim Cramer in 2013 08-17-2020 Want to know how the stock market is doing in 2020? This chart from Goldman Sachs pretty much sums it up. The S&P 500 is up about 2% year-to-date. As you can see, the fact that …
See The Truth With Your Own Eyes “These ideas (socialism) have devastating consequences wherever they’re tried and the same would be true in our country just as it was in Cuba. It’s never been more important for Americans to see the truth with their own eyes.” –Charlie Kirk, TPUSA founder 08-10-2020 In my humble opinion, …
Listen To A Genius “Most investors shouldn’t try to time the market.” –Kenneth French, Dartmouth College Professor and DFA Director 08-03-2020 Kenneth French is a genius. His groundbreaking research, along with Eugene Fama, led to the three-factor model which is one of the key cornerstones for how we invest money here at Verity Capital. Check …
Would You Fire Warren Buffett? “How would Buffett be viewed if, instead of being the chairman of Berkshire Hathaway, he ran an open-ended mutual fund by the same name?” –Larry Swedroe 07-27-2020 Who do you think is the greatest investor of all time? Chances are you would say Warren Buffett. Check out Swedroe’s article where …
The .5% Difference “But I can guarantee that an extra .5% return will make an enormous long-term difference.” –Paul A. Merriman 07-20-2020 Most people don’t give a second thought to what an extra .5% return can do for the long-term results of their portfolios. To put it in perspective, that’s an extra $5 of earnings …
What A Wonderful World ” I see trees of green, red roses too. I see them bloom for me and you. And I think to myself…what a wonderful world.” –Louis Armstrong song first released in 1967 07-13-2020 Sometimes we just have to step back and enjoy the simple beauty that surrounds us everyday. This is …
Don’t Be Your Own Worst Enemy “The first half of 2020 should remind us that investing isn’t about conquering markets; it’s about mastering ourselves.” –Jason Zweig 07-06-2020 Zweig is one of my favorite financial journalists. Check out his recent The Intelligent Investor article that he writes for the WSJ. It’s important to recognize that we’re …
A Butt Kicking “If the data do not prove that indexing wins, well, the data are wrong.” –John Bogle 06-29-2020 Truer words were never spoken. If you have any doubts check out this article. SPIVA: 2020 Active vs. Passive Scorecard (Q1) If you don’t want to read the whole article, do yourself a favor and …
Reasons To Sell “If a picture paints a thousand words….” –Bread (song from 1971) 06-22-2020 It’s true. Oftentimes a graphic illustration conveys a stronger message than words. If you have any doubts, check out this chart of reasons to sell going back to market lows in March 2009 right up to the present. Reasons To …