In the investment world, it is said that all big companies started out as small companies. From Microsoft to Amazon, every mega-cap today was once a micro-cap, and you can bet that there were critics. “It’s too expensive!” they’d cry. “No one will buy that!” they’d laugh. “It makes no sense!” they’d scream. But year[…]
Last week, I was back on Yahoo! Finance to discuss some personal finance tips for the holiday season and, surprise, coffee. I am not the biggest fan of the holiday budgeting narrative. Why, all of a sudden, do people think they are going to get serious about their spending at the time of year[…]
On Thursday I was invited to close out the hour on The Claman Countdown by weighing in on the markets and discussing some of my favorite stonks. While this was not my first time appearing on live TV, it was the first time I was asked to give my opinion on individual companies. You can[…]
Just a few months ago, my firm launched its first tactical portfolio. It’s a straightforward, rules-based market timing model a la Meb Faber’s Ivy Portfolio. While it’s not for all of our clients, it’s a great way to provide additional value in an increasingly commoditized area of financial services. I do believe traditional active management[…]
My favorite game show growing up was Press Your Luck. You might know it as the one where contestants scream, “BIG MONEY! NO WHAMMY! STOP!” as tiles randomly light up the parameter of a giant prize board aptly called, the “Big Board”. Contestants would both literally and symbolically *press their luck* by pushing a handheld[…]
Investing is now a commodity. If you think differently, you’re in denial. Take a look around, the market is flooded with investment products and platforms capable of getting you properly invested for little to no cost at all. It’s true. You can own a fully diversified portfolio of mutual funds for free. Obviously, not everyone[…]
Investing has never been easier. Today, there are more than 200 robo-advisors in the U.S. From platforms that invest “rounded up” purchase amounts on your behalf to applications that offer unlimited stock trading right from your phone. What was once reserved for only the rich is now accessible to everyone. But as the saying goes,[…]
In finance, the term “generational buying opportunity” (or GBO, for short) is used to describe when asset prices have dropped so dramatically that it’s highly unlikely one will ever see them that low again. Hence it happening “once in a generation.” For some investors, even whispering this term makes the tiny hairs on the back[…]
For those unfamiliar with what a mutual fund wholesaler is, allow me to provide a brief explanation. Asset management companies, who manufacture mutual funds and other investment related products, employ legions of wholesalers to go out in to their geographic territories to educate investment professionals, like me, in hopes that they will sell their products[…]
What’s your earliest memory? Mine is visiting my grandparents in New York. I must have been about four or five at the time. It’s all very hazy, but I vaguely remember rooms with those wooden paneled walls, eating Corn Flakes for breakfast, trying Juicy Fruit gum for the first time and these little animal stampers[…]