Weighing the Week Ahead: Fluff or Fundamentals?

Sometimes markets emphasize simple themes, rejecting even modest efforts at nuance. The current big stories are the record highs in stocks, the length of time since the last significant correction, and the “market is rigged” meme. These themes are all easily grasped and interesting media fodder. It has set the agenda. Meanwhile, the economy seems […]

Read More

How to Handle a Big Gain

Here is a happy problem: You have a large instant gain from one of your stocks. What should you do? The topic comes from an actual question raised at Scutify.com, where participants exchange ideas and get a wide range of opinions. (I get to play the role of the straight man in a world of […]

Read More

Using Your NCAA Bracket to Help Your Investing

Regular readers know that I love using sports to find investment insights. There are three reasons: Plentiful data – both before the event and afterwards; Specific odds from prediction markets and pundits – even better than we have in stocks; The comparison forces investors to abandon market preconceptions, thinking about questions in a different way. […]

Read More

Fancy Footwork and Confirmation Bias

Yesterday I wrote about sources that simply dropped an indicator when it no longer fit the pre-conceived thesis. Sometimes it is even more blatant dramatic. Some sources simply engage in fancy footwork, reversing their rationale, confident that their uncritical followers will not notice or care. TODAY I always read MarketWatch. In the midst of many […]

Read More