Dec 26, 2014 by John MaxfieldBanking and Black Swans: How to Protect Yourself From the Tyranny of UncertaintyThe bank industry is dictated to a large extent by black swans. Thus, if you're going to invest in it, keep this unsettling reality in mind.
Dec 23, 2014 by John Maxfield8 Pieces of Timeless Advice from the “Sage of Wall Street”While the name Henry Clews might not mean much to the modern investor, he's widely regarded as the first "sage of Wall Street."
Dec 23, 2014 by John MaxfieldThe Unfolding Financial Crisis in RussiaThe events that are currently unfolding in Russia could presage a much more serious financial crisis. Should investors in the United States be worried?
Dec 22, 2014 by John MaxfieldElizabeth Warren Is Right About Citigroup for the Wrong ReasonsThe problem isn't that Citigroup has too much power. The problem is that Citigroup is a lousy bank.
Dec 21, 2014 by John MaxfieldWhy Do High-Yield Stocks Like American Realty Capital Bring Out Bad Executive Behavior?The ongoing scandal at American Realty Capital is one of many to infiltrate the executive ranks at some of the market's highest-yielding companies.
Dec 20, 2014 by John Maxfield7 Valuable Insights from America's Best Big BankHow has Wells Fargo been able to survive and thrive over the past decade? Here are seven factors that contributed to its success.
Dec 20, 2014 by John MaxfieldThe Most Unfortunate Thing Warren Buffett Ever SaidFor the individual investor, knowing a thing or two about history can serve as a potent competitive advantage.
Dec 19, 2014 by John MaxfieldDon't Forget to Check This Before Investing in a BankAs a general rule, you shouldn't invest in a bank if it doesn't generate a considerable portion of net revenue from noninterest income.
Dec 19, 2014 by John Maxfield26 Things I Learned From Old Books on InvestingIf you want to learn the timeless wisdom of investing, you need to go directly to the source. Here are 26 of the most important lessons about investing from five of the genre's greatest books.
Dec 17, 2014 by John MaxfieldThe Best (and Maybe Only) Way to Beat the Market With Bank StocksIf you want to beat the market with bank stocks, then there are three things you need to do.
Dec 15, 2014 by John MaxfieldWhy Wall Street Banks Are Less Profitable Than Their Main Street PeersA new report from the Bank for International Settlements finds that banks with trading operations are less profitable than traditional lenders.
Dec 12, 2014 by John MaxfieldThe Surprising Thing I Learned From Rereading Benjamin Graham's "The Intelligent Investor"Most people associate Benjamin Graham with value investing. But you might be surprised to learn that he was an early and adamant proponent of indexing.
Dec 10, 2014 by John Maxfield15 Things This Legendary Investor Looked for in StocksOne of the founders of modern investing shares a timeless list of the most important things to look for in a common stock.
Dec 8, 2014 by John Maxfield10 Investing Lessons That Have Stood the Test of TimeTimeless investing anecdotes from one of America's greatest stock speculators.
Dec 7, 2014 by John MaxfieldWarren Buffett Does Things That You Shouldn't Try at HomeLegions of investors look to the Oracle of Omaha for investment ideas. But following his lead isn't always the best of ideas.
Dec 5, 2014 by John MaxfieldThe Key to Successful Investing Isn't What Most People Think It IsWhile many of history's greatest investors are contrarians, there's a more fundamental explanation for their success.
Dec 4, 2014 by John Maxfield10 Rules for Smart Investing from One of America's Greatest Stock Speculators10 invaluable insights from one of America's most successful investors.
Dec 4, 2014 by John Maxfield1 Number Reveals the Essence of Great Bank StocksBanks that parlay cost savings into competitively priced loans are able to slowly but consistently increase the durability of their competitive advantage.
Dec 3, 2014 by John Maxfield and Michael DouglassCould the World Economy Get Any Worse?Problems in three of the world's biggest economies cast a shadow over hopes for robust economic growth.
Nov 29, 2014 by John MaxfieldWhy Duracell Is a Classic Warren Buffett DealIn Duracell, Warren Buffett has found yet another company with a durable competitive advantage.