Scott Wetzel In Ken Fisher’s book Markets Never Forget, But People Do he presents two tables as shown below. The first table shows below the historical effects of past bear and bull markets and their durations. As you can see historically since 1929 the longest bear market was from 1937 to 1942 about five to six years, … Read more
I know market timing is considered a bad word in investing, but like it or not it matters. Below are screen shots from a the blog The Fat Pitch by Urban Carmel and his article titled When “Buy and Hold” Works, and When it Doesn’t.” He performed a study of long term time periods using … Read more
Throughout many of the books I’ve read by successful investors there is one common tactic to the successful methods of different investors. This tactic is “rules based investing.” In passive investments such as indexing after developing a balanced portfolio based on the investor’s risk parameters rebalancing a portfolio annually to keep their balanced allocations in … Read more
Active Investment Management: Active management (also called active investing) refers to a portfolio management strategy where the manager makes specific investments with the goal of outperforming an investment benchmark index. Passive Investment Management: Passive management is the opposite of active management in which a fund’s manager(s) attempt to beat the market with various investing strategies … Read more
Money Magazine identified the 30 best-performing stocks over the 30 years from 1972 until 2002. The list is startlingly unpredictable. Rather than lots of technology or health-care stocks, it includes: Southwest Airlines, Worthington Steel, Dollar General UST Inc. Would you have been willing to bet big on any of those stocks back in 1972? … Read more
Thinking you know something versus you understanding it are two very different thoughts, and can be dangerous when it comes to investing. Here’s why. The definition of knowing is: “be aware of through observation, inquiry, or information.” Whereas the definition of understanding is: “perceive the intended meaning of.” When you think you know something it … Read more
The great recession hit in 2008. I like many others watched as the financial markets eroded. Fortunately, I didn’t experience the entire fallout like so many others did, but it was an eye opening experience for me. I thought I knew enough about investing from my Smith Barney training whereas I would know what to … Read more
Below are many of the books I’ve enjoyed. Some are more technical in content, whereas some are story like. Some are available via Audible. Hope you find one or two to enjoy. 100 Baggers Christopher Mayer A Complete Guide to Volume Price Analysis Anna Coulling A History of the United States in Five Crashes Scott … Read more
The hardest part of investing is the ability to do nothing. That’s right, nothing. We as humans are built to make decisions all the time for survival and planning. In fact, it is estimated that a single human being makes on average approximately 35,000 decisions in a day. This number seems crazy high, but if … Read more