A Few Simple Thoughts

In 1950 – to pick a year at random -the S&P 500 index stood at 16.66. Today it stands at 4155.86. That is an increase of 24,845%, and that’s before dividends are included. How could anyone have possibly lost money during that period??? That question is not...

Ignore Everything

The hardest work in investing is not intellectual; it’s emotional. Benign neglect is, for most investors, the secret of long-term success. – Charley Ellis   I read a really good blog post today, written by financial planner Ashby Daniels titled – “TODAY’S...