Financial Management vs Financial Advice

November 11, 2016

This post by Ben Carlson does a wonderful job of describing these two very distinct services

Link to article

“The world is freer, healthier, happier, cleaner, smarter, richer and more peaceful than it has ever been – (yet) nobody knows that. “ – Nick Murray

The Value Opportunity

October 20, 2016

I’m a believer in the value approach to investing – not that I don’t also recommend growth investments – its just the value approach makes more sense to me and, historically has outperformed.  This link is an interview with Charles Brandes, one of the great value investors of our time:

CLICK HERE

“Despite being one of the longest and strongest bull markets of the post-war era…the U.S. stock market is still at worst fairly priced and even cheap relative to its post-war trendline. By comparison, the other two major bull markets since WWII (i.e., during the 1950s–60s and again in the 1980s–90s) both ended only after U.S. stocks rose significantly above trend for several years…

“Indeed, the total U.S. stock market is currently priced comparably to the early-1950s or the early-1980s. Perhaps equally important, even the popular S&P Index is not nearly as richly-priced today as it was in the 1960s or the 1990s.”

~ Jim Paulsen ~
“Is the trend a friend?”
August 31, 2016