Why We Should Care About the Yield Curve?

Why We Should Care About the Yield Curve?

You are forgiven if you don’t know why an inverted yield curve is a big deal. Here’s what the fuss is about. What’s a yield curve? It’s a way to show that buyers of bonds are getting more interest for choosing to buy shorter- versus longer-term debt. Most of the time,...
MUST WATCH: Peter Bernstein on Risk

MUST WATCH: Peter Bernstein on Risk

Peter Bernstein, a legend of investing thought leadership, who wrote one of my favorite books “Against the Gods: The Remakable story of Risk” can be seen in this 13 minute video discussing risk. If you watch and listen carefully you will become educated...
Foxes, Wolves and Sheep

Foxes, Wolves and Sheep

The title above is a portion of a quote from Josh Brown, of the site “Refomed Broker”. The full quote is “These products are created by foxes, sold by wolves, and bought by sheep.” He was talking about a listing of very-bad-for-you financial...
A ‘Naive Meritocracy’

A ‘Naive Meritocracy’

A recent research paper published by Cornell University, examines the real world inconsistency between how wealth and success are accrued to the top 20% of society while talent and competence exhibit a normal distribution, the ‘Gaussian’ bell...