We all love a good story, and Wall Street tells stories better than anyone. Tesla is the future of transportation! Shopify is redefining the world of E-commerce! The bond market will do great, no matter what happens with interest rates!…
Learn moreThere’s no ignoring it. Options trading, meme stocks, cryptocurrencies, SPACs, and new-paradigm tech plays are the capital markets’ new “Kool-Aid.” And just about every investor is drinking it. In doing so, however, those folks are missing out on a slice…
Learn moreLast week, I got a piece of mail from a local real estate broker that included an estimate of what he thought his firm could sell my house for right now. I knew the price had gone up because Florida…
Learn moreClosed-end funds, in my opinion, are one of the great untapped asset classes of the investing world. Not many people know about them, not many retail investors take advantage of them, but those who do are often quite successful. The…
Learn moreEarlier this month, we saw the 13F deadline come and go. In the interest of transparency, the Securities and Exchange Commission (SEC) requires all money managers and hedge funds to reveal what stock they own every quarter. By comparing this…
Learn moreThe world has changed a lot since I started in financial services. I got my Series-6 to sell variable insurance products and mutual funds in 1984. Although I never sold one, I got a Series-22 just in case I ran…
Learn moreLast month we looked at what the big Private Equity funds are doing with their capital. To recap, the big three were making bets on the reopening of the economy, real estate, India, casinos, and the digital economy. You can…
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