Selling Volatility
Selling volatility is a unique way to enhance portfolio returns. We have been doing this for years by selling puts in stocks we would want to buy. The way we accomplish this is fairly simple. We…
Beat Your Beta- the Measure of Volatility
Beta is a mathematical construct deeply embedded in academic models of stock valuation. It's inherently flawed and investors should understand it. Simply put, the concept of beta makes perfect…
Even a 5th Grader Reviews His Returns
Even a 5th grader reviews his work. You would be surprised at how many smart men and women who command complete respect at their jobs, have years of professional training like doctors and…
It's Percentages that Count, Not Dollars
This seems too obvious but how many times have you heard people sit around and talk about how a stock went up $10 today or $20 and it was only a half percent. $20 on Amazon is not even 1/2 percent…
Investors Scramble for Yield as Growth Outlook Darkens
A recent article in the Wall St Journal and the accompaning picture stood out like a sore thumb. While investors are wrestling with historic low yields on government and corporate bonds,…
Rule #1 Don't Lose Money Rule #2 Don't Forget Rule #1
This may be the most famous of all of the famous Buffett aphorisms. With his dry sense of humor, Buffett Says Rule #1 Don't Lose Money, then he quips, Rule #1 Don't forget rule #1. One of the things…
You have to be Able to Sleep at Night
It almost goes without saying that emotional behavior leads to irrational and impulsive decisions that HURT your investment results. Just look at the Magellan Fund that Peter Lynch ran at Fidelity.…
Trade on Your Own Ideas- Don't Chase Hot Tips
Successful investing requires conviction. Even the best ideas rarely work immediately. Avoid hot tips and rumors. That's a sure way to lose money. If you hear information or a stock…
S&P 500 Performance by President | MacroTrends
Impeachment,Democrats, Republicans- how will it all play out in the markets? This app by MacroTrends shows you what happened in the past. “History doesn't repeat itself but it often rhymes,” as Mark…
When the Going gets Touch, I Like to Revisit the Classics
I looked back and reviewed my notes on one of the all-time investing classics, One Up on Wall Street by Peter Lynch. Nobody managing money, not even Warren Buffett in his heyday, had a better track…