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.

• 18 Sep, 2023

  Beach Reading

  September is still beach time, so I have a few more recommendations for you. One nonfiction and four fiction, including ...

• 1 May, 2015

  Wages

  They're going up. Total salaries and benefits moved up 4.4% in 2014, rising to 53.6% of GDP, still below historic ...

• 6 Jul, 2018

  Not Beach Reading

  I love the beach. And I read a lot. I like reading on the beach, but I am not a fan of beach reading. Beach reading is ...