Old Age

It’s been 3 years since US equities have corrected more than 10%. But there’s no law about how long rallies can last without a correction.

In any event, as diversified, well-positioned investors (as, of course, we believe we are), does it really matter if stocks fall 10%? or 20%? If it does matter, you probably have the wrong portfolio. For the rest of us, volatility really does equal opportunity.

• 4 Nov, 2014

  US Manufacturing

  Wow. The good people at the Institute for Supply Management survey American manufacturers every month and ask, "how's ...

• 31 Dec, 2015

  A Year-End Thought

  This week, my college basketball team visited southern California, and I was lucky enough to spend some time with them ...

• 20 Aug, 2015

  Land of Borat

  I probably should not confess to enjoying Borat (full title:ÂBorat: Cultural Learnings of America for Make Benefit ...