Every Day Can Not Be Good

Conditions are often out of our control and can change rapidly. Be prepared and stay broadly diversified. Don’t reach for returns.
Read More

Are We Baking Portfolios with Bad Ingredients?

Just one mistake in the measurement of your ingredients and your bread can wind up with no bread-like qualities at all. Investing can be the same.
Read More

Outperformance in Down Markets 100% of the Time?

How could an investor have outperformed 100% of the time in the longest bear markets?
Read More

Holiday Colors

Investment professionals and financial commentators are not immune.
Read More

Who Is Passive?

Which strategy would you call active versus passive?
Read More

Who Is Active?

Here’s my story.
Read More