"The brokerage and mutual fund business form a financial colossus that bestrides modern financial, and increasingly, s…"

"We tend to think of the stock and bond markets as relatively recent historical phenomena, but, in fact, there have be…"

"At a very early stage in history we are encountering "survivorship bias" - the fact that only the best results tend t…"

"The rub here is that buying when prices are low is always a very scary proposition. The low prices that produce high …"

"When the barbarians are at the gates, interest rates rise and bond prices fall precipitously."

"Owning a portfolio of value stocks is the equivalent of wearing a Nehru jacket over a pair of bell bottom trousers."

"And lest I offend art lovers, it should be pointed out that even an old master, bought from the the artist for $100 a…"

"In fact, using entirely reasonable assumptions, you can make the Dow's discounted market value almost anything you wa…"

"The Gordon Equation is as close as being a physical law, like gravitation or planetary motion, as we will ever encoun…"

"The real reason that physicians are rotten investors is that it never occurs to them that finance is a science, just …"