One of my favorite events each year is the “CFA Annual Forecast Dinner” that takes place every January. At this dinner, there is an array of professionals in the money management business who get the chance to “talk shop” and reflect on what happened in the previous year and how they navigated that environment. In addition, they usually have a few high-profile guests that are invited to... READ MORE

In almost any portfolio, for investors large and small, there are two primary parts. There is the side that should grow (almost always stocks), and there is the counterbalance that should give the portfolio safety (almost always bonds). This has been a fantastic strategy, especially for the last 40 years or so. So much so that any advice to stray from this balanced approach is often thought to be... READ MORE

I’ve been reading quite a bit about the FANMAG stocks recently. These stocks are Facebook, Apple, Netflix, Microsoft, Amazon and Google. These are the hottest stocks of the last decade, due to how well they’ve performed and how well known their services are. The hype around them started with only the FANG stocks (Facebook, Apple, Netflix, Google) after a stint of incredible growth, but have... READ MORE