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The Importance of Diversification

The Importance of Diversification

You may or may not know that during the Great Depression, the stock market went down 89%. If you had a $200,000 portfolio, that leaves you with $22,000. Catastrophic. Not to say that will happen again, but… it might.

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New Year’s Resolutions

New Year’s Resolutions

I’m not a big fan of New Year’s resolutions. A few times, I’ve made a New Year’s resolution to lose weight. Still fat!

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I Am Worried About the Stock Market

I Am Worried About the Stock Market

Now… I am worried about the stock market. When I was in NYC, I was in the office of one of my hedge fund subscribers, and he comes in and says, “Doesn’t it feel as though something really bad is going to happen?

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Process and Results

Process and Results

Let me tell you about my investment process: I trade whatever the hell I want to trade whenever I feel like it.

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Reality Sets In

Reality Sets In

Stocks had a bad day last Friday. It’s tough to generalize based on one day of price action in the stock market, but it looks like reality is setting in.

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The Future’s So Bright

The Future’s So Bright

Trump won, Republicans swept, and half the country is deliriously happy. Not that I don’t get it—I’m all for a pro-growth explosion of economic activity.

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