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.

• 14 Nov, 2014

  Selected Fun Facts

  Some fun facts about this year (courtesy Michael Hartnett of Merrill Lynch):US equities (+14%) are ahead of European ...

• 8 May, 2024

  Beach Reading

  I'm happy to go to the beach year-round, but it's now really becoming beach weather, so I have five new book suggestions ...

• 7 Aug, 2019

  No Winners

  Berry Gordy, the legendary founder of Motown Records, had a genius for spotting talent and creating stars: Mary Wells, ...