June 14, 2022 - Quote of the Day
“I have not failed, I have just found 10,000 ways that do not work,” said the inventor, Thomas Edison.
Entries by MHFTR
They're Not Making Americans Anymore
You can count on a bear market hitting some time in 2038, one falling by at least 25%. Worse, there is almost a guarantee that a financial crisis, severe bear market, and possibly another Great Depression will take place no later than 2058 that would take the major indexes down by 50% or more. No,
Some Sage Advice About Asset Allocation
Asset allocation is the one question that I get every day, which I absolutely cannot answer. The reason is simple: no two investors are alike. The answer varies whether you are young or old, have $1,000 in the bank or $1 billion, are a sophisticated investor or an average Joe, in the top or the
The New AI Book that Investors are Scrambling For
A better headline for this piece would be “The Future of You,” as artificial intelligence is about to become so integral to your work, your investment portfolio, and even your very existence that you won’t be able to live without it, quite literally. Well, do I have some great news for you. A blockbuster book
July 1, 2021 - Quote of the Day
"The difference between a Tesla and all of its competitors is the difference between an iPod and a cassette player," said Harvard Law fellow Vivek Wadhwa.
Storage Wars
No, this piece is not about the reality TV show that has a gruff lot of hopeful entrepreneurs blindly bidding for the contents of abandoned storage lockers. With hyper-accelerating technology creating data at an exponential rate, it is getting far too big to physically store. In 2018, over $80 billion was spent on data centers
April 30, 2021 - Quote of the Day
"When it comes down to data or anecdotes when making a management decision, the anecdotes are usually right," said Jeff Bezos, the founder of Amazon.
The Secret Fed Plan to Buy Gold
With the latest effort to expand quantitative easing through the Fed purchase of individual corporate bonds, we must consider what else our central bank has up its sleeve. With American interest rates already near zero, the markets will take the rates for all interest-bearing securities well into negative numbers. This has already happened in Japan
Why Consumer Staples Are Peaking
Everyone always needs toilet paper, right? Wrong. At least stock investors don’t. Once considered one the safest stock market sectors in which to hide out during bear markets and more recently pandemics, Consumer Staples no longer offer the hideout they once did. Who needs a hideout anyway now that the Roaring Twenties are on and
March 31, 2021 - Quote of the Day
"Good fortune is often more fatal than adversity," said the 18th century German emperor, Frederick the Great.