Feb 24, 2018 by Alex Dumortier, CFA3 Under-the-Radar Stories in the Stock Market This WeekWhat's ailing "value" stocks, what's the true cost of gold, and is Advance Auto Parts, Inc. getting credit for some hard choices?
Feb 18, 2018 by Alex Dumortier, CFA3 Under-the-Radar Stories in the Stock Market Last WeekKraft Heinz has a bologna problem, there's a possible merger candidate for Goldman Sachs, and Berkshire Hathaway vice-chairman Charlie Munger warns of a "noxious poison."
Feb 12, 2018 by Alex Dumortier, CFAWhy I Won't Buy CryptocurrenciesCryptocurrencies certainly aren't money, but they've become pure vehicles for speculation -- which is a loser's game.
Feb 3, 2018 by Alex Dumortier, CFA3 Under-the-Radar Stories in the Stock Market This WeekMore proof that branded consumer staples aren't what they used to be, why the bitcoin rally's last gasp may have been the result of manipulation, and Goldman Sachs warns that a market correction is on the horizon.
Jan 22, 2018 by Alex Dumortier, CFA3 Under-the-Radar Stories in the Stock Market This WeekEven the optimistic long-term forecast for U.S. stocks is sobering, Citigroup's $18.3 billion quarterly loss isn't a problem, and Bill Ackman tenders for shares of his Pershing Square Holdings.
Jan 16, 2018 by Alex Dumortier, CFA3 Under-the-Radar Stories in the Stock Market Last WeekBranded consumer staples aren't what they used to be, the rise of robot investors, and Berkshire Hathaway takes one step closer to implementing its post-Buffett succession.
Jan 6, 2018 by Alex Dumortier, CFA3 Under-the-Radar Stories in the Stock Market This WeekDow 25,000 doesn't matter as much as another milestone. Cryptocurrency mania is rewriting the rich lists. And why willpower isn't the best way to achieve your goals.
Jan 5, 2018 by Alex Dumortier, CFA9 Quotes from Nobel-Winning Economist Richard Thaler to Help You Become a Better InvestorThis year's Nobel laureate in economics, Richard Thaler, is an expert in how people deviate from rationality in their economic decision-making. Here are nine of his quotes that could make you a better investor.
Dec 6, 2017 by Alex Dumortier, CFAThe Simple Reason Why I Won't Buy iRobot Corporation StockiRobot Corporation is the leader in a high-growth industry, but there is simple reason preventing me from buying its stock.
Feb 1, 2017 by Alex Dumortier, CFAMortgage Rates Unchanged, As the Federal Reserve Steps on a New TightropeThe main mortgage rates were roughly unchanged on Wednesday, as the Federal Reserve decided to stand pat on interest rates. Caution may be warranted as the Fed steps onto a different tightrope, courtesy of the new administration.
Jan 11, 2017 by Alex Dumortier, CFAWhat Does 2017 Hold for ETFs? 3 Trends for Investors to WatchExchanged-traded funds (ETFs) represent a legitimate advance in the fund management industry -- one that has been validated by their success. Here are three ETF trends from 2016 that investors can expect will continue shaping the sector through 2017.
Jan 9, 2017 by Alex Dumortier, CFAWhen Will Facebook Split Its Stock Again?In April 2016, Facebook introduced a plan to create a new share class that would amount to a 3-for-1 stock split.
Jan 8, 2017 by Alex Dumortier, CFAThe 5 Operating Principles Behind Berkshire Hathaway’s Uniquely Profitable Reinsurance BusinessIn his 2015 letter, Warren Buffett warned Berkshire Hathaway shareholders that prospects for the reinsurance industry had dimmed. However, as this week's $1.5 billion deal with The Hartford illustrates, five operating principles will enable Berkshire's reinsurance activity to beat competitors and remain comfortably profitable.
Jan 8, 2017 by Alex Dumortier, CFAWhat Does 2017 Hold for Penny Stocks?Penny stocks are low-priced shares belonging to very small companies, with offering documents that the SEC hasn't vetted. What does 2017 hold for these stocks? Fraud, market manipulation, and ultimately, massive losses.
Jan 6, 2017 by Alex Dumortier, CFA2 Ways to Lose All Your Money in the Stock MarketYou'll need to go somewhat off the beaten path, but it is possible -- easy, even -- to lose all your money in the stock market if you know where to look. Here are two ways to do it.
Jan 4, 2017 by Alex Dumortier, CFAThe Simple Reason I Won't Buy Tesla Motors StockThat Tesla shareholders approved the acquisition-bailout of SolarCity proves that investing in the company has become an act of blind faith, not a rational financial decision.
Jan 4, 2017 by Alex Dumortier, CFA3 Reasons You Shouldn't Care What the Stock Market Does in 2017Switch off the self-appointed oracles on CNBC and stop reading forecasts for 2017: You're betting off not caring what happens this year in the market.
Jan 3, 2017 by Alex Dumortier, CFAWarren Buffett Outran His Billionaire Peers in 2016 -- 2 Business Principles Put Him in the RunningWarren Buffett's net worth increased by $11 billion in 2016 -- a performance that surpassed all his billionaire peers. To explain that performance, other numbers illustrate two of Berkshire Hathaway's "Owner-Related Business Principles."
Dec 31, 2016 by Alex Dumortier, CFAWhat Does 2017 Hold for the S&P 500? Here's Why That's the Wrong QuestionStock market strategists are forming a tight herd when it comes to forecasting the S&P 500's prospects in 2017, demonstrating the absurdity of this game. Investors should be paying more attention to something that matters: forecasts of mediocre long-term returns.
Dec 28, 2016 by Alex Dumortier, CFA3 Things You Probably Didn't Know About Berkshire HathawayBerkshire Hathaway Inc. has achieved extraordinary success under Warren Buffett's leadership. Here are three things you probably didn't know about his masterwork.