Take a look at the rise and fall of Dean Foods and how an investor or trader can use various tools to stay on the right side of the trends.
Why you shouldn't skim over the risk factors section in a 10K, what the changes can portend, and an example of how it can play out.
The Great Financial Crisis turned out to be the greatest buying opportunity in a generation. While most of the opportunities are long gone, due to regulations that boosted Tier 1 capital ratios there are still two attractive investment opportunities out there.
I usually keep a file with random ideas I come across as I’m reading. I use these ideas to try to create two mental frameworks: How the world works; and How the world could work. Simply understanding how the world works is hard enough. Trying to understand how the world could work, and successfully capitalizing… Continue reading Investing with Global Warming
Let me tell you a story about how one company reacted to some accidental tariffs. But first, some background. Tariffs: A Primer A tariff is a tax that is placed on goods that are imported into a country. There are 3 generally accepted reasons to use tariffs. Your country has a nascent industry that you're… Continue reading How to Avoid Tariffs
Never let a trade turn into an investment. Trading has many truisms that are based on behavioral biases and shortcomings. One of the common ones for both traders and investors is the tendency to enter a position then hold onto it as it drops in value instead of sticking with a predefined stop loss or… Continue reading Core Trading
So much of investing is the avoidance of doing dumb stuff. If you're not sure what "dumb stuff" entails in investing then let me provide you a very incomplete list: Selling a broad index fund after if dropped 20+ percent and going to cash. Putting more than 5 percent of your portfolio into a single… Continue reading on the need to do something
The best part about financial markets is the mythos that the amateur can compete or even out-compete the professional. How many other ultra-competitive activities does that hold true? Would you step onto the field against an NFL team? Would you wager millions of dollars playing against a chess or golf pro? Arrayed against you is… Continue reading What’s your edge?
If you only manage your own money you're incentivized to always do the right thing because it's your own money. So the debate on the fiduciary standard doesn't really affect you; however, at some point when you get older you might think it prudent to hand the reins over to someone else. So it's important… Continue reading Fiduciary Standard & Radical Financial Transparency
What's your benchmark: trend trading vs buy & hold.