On his sixteenth birthday the boy gets a horse as a present. All of the people in the village say, “Oh, how wonderful!” The Zen master says, “We’ll see.” One day, theRead More…
Last week another marijuana ETF hit the Big Board, AdvisorShares Pure Cannabis ETF, ticker symbol YOLO (NYSE Arca). The new entry into the marijuana boom, YOLO will track an actively managed portfolioRead More…
Beyond fear and greed, other powerful behavioral biases can be found in almost all investors, both private and professional, and are often exhibited by enduring habits and behaviors that are very difficultRead More…
“…a fund’s management has skill only if the fund’s expected gross returns are sufficient to cover the costs (primarily trading costs) not included in its expense ratio…a comparable efficiently managed passive fundRead More…
Beyond fear and greed, other powerful behavioral biases can be found in almost all investors, both private and professional, and are often exhibited by enduring habits and behaviors that are very difficultRead More…
“We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.”― Winston S.Read More…
With Tax Day 2019 only two weeks away you may still be scrambling around trying to determine what to do for your 2018 IRA contribution. April 15, 2019 is the deadline forRead More…