Author Archive

  • Nearly All Buffett’s Wealth Came After Age 50
    , July 23rd, 2014 at 12:02 pm

    The stock market reached yet another all-time high today. The S&P 500 has been as high as 1,989.23 this morning. We’re soon going to have […]

  • Legacy of Benjamin Graham
    , July 23rd, 2014 at 10:29 am

    Here’s a video on Benjamin Graham, the father of investment analysis. (h/t Cullen Roche, Ben Carlson)

  • Morning News: July 23, 2014
    , July 23rd, 2014 at 6:55 am

    BOE Vote 9-0 as Some MPC See Lower Risks From Rate Increase Bank of Spain Says Growth Accelerated in Second Quarter Chinese Banks Seen Discounting […]

  • Confusing Earnings Report from Microsoft
    , July 22nd, 2014 at 7:53 pm

    After the closing bell, Microsoft ($MSFT) released a rather confusing earnings report for their fiscal Q4. The software giant earned 55 cents per share which […]

  • S&P 500 Hits All-Time High
    , July 22nd, 2014 at 12:47 pm

    Despite all the troubling geopolitical news this month, the S&P 500 continues its march higher. The index had made an all-time high of 1,985.59 on […]

  • Inflation Chilled out in June
    , July 22nd, 2014 at 12:11 pm

    There had been a minor uptrend in core CPI recently that has apparently come to an end. The government reported this morning that headline CPI […]

  • McDonald’s Misses Earnings
    , July 22nd, 2014 at 10:58 am

    Sluggish earnings this morning from McDonald’s. The fast food joint missed by four cents per share. Overall, McDonald’s reported a second-quarter profit of $1.39 billion, […]

  • Morning News: July 22, 2014
    , July 22nd, 2014 at 6:56 am

    Real Economy Needs ‘Animal Spirits’, But RBA’s Glenn Stevens Leaves Jawbone at Home Putin Misses Global Rally as Micex Erases $28 Billion Crude Oil Futures […]

  • Weak Arguments for Indexing
    , July 21st, 2014 at 10:46 am

    In the New York Times, Jeff Sommer writes of the difficulty mutual funds have in consistently outperforming the stock market. He highlights a recent study […]

  • The Used-Car Loan Bubble
    , July 21st, 2014 at 10:13 am

    The stock market is down this morning but in the present age of low volatility, it’s not by much. The S&P 500 is currently holding […]