I recently had the opportunity to speak with U.S. News & World Report regarding the importance of managing emotions in investing. I was quoted in its “Is Your Advisor Helping or Hurting Your Retirement Strategy?” piece, an excerpt of which is below. Read more…
Why Alternatives Are Bad for Your Portfolio
It’s never been easier for investors to add exposure to alternative investments into their portfolios. Read more…
When Fees Destroy Diversification
Diversification is said to be the only free lunch in investing—but that’s not entirely true, because the extra fees associated with more exotic asset classes frequently offset the benefits of otherwise attractive diversifiers. Read more…
Why Market Prediction Is Harder than You Think
Imagine The Wall Street Journal ran a contest for its subscribers in which each subscriber viewed 100 photos of various men and women. To participate in the contest, each subscriber must pick the six most attractive people. The subscriber that choses the photos voted for most often will win $1 Read more…
How to Build the Right Portfolio Benchmarks
A version of this article originally appeared on WSJ.com. Most people don’t know how to properly evaluate their financial advisor and overly rely on performance as the sole measurement of success. This is problematic because people tend to evaluate their portfolio over very short time horizons in Read more…
How Simplicity Can Improve Your Investments
Investing is a zero sum game in which individual investors frequently end up on the losing side, but that doesn’t have to be the case. I believe individual investors have significant advantages if they would only simplify the game. I’ll explain through the context of Colonel Blotto, which is a Read more…
Invest or Pay Down Debt?
Should you invest in the market or pay down debt? Read more…
New President, Same Portfolio: Why the Election Shouldn’t Impact Your Investments
Few topics in America are as polarizing as politics. With the presidential election as the embodiment of political discord, it’s no wonder last night’s results have caused such a stir. Read more…
What's the Biggest Mistake Investors Make?
Last month I had the pleasure of speaking at the Midwest Private Wealth Forum in Chicago on a range of equity market topics. One of my favorite questions asked was: “What is the biggest mistake you see investors making?” Read more…
Lessons Investors Can Learn from Their Fantasy Football Teams
The 2016 National Football League season is finally here. Productivity nose-dives while friendly competition increases between friends as nearly 60 million people across the US and Canada begin their first week of fantasy football. Despite the difference in scale, financial markets and fantasy Read more…
