We left last week continuing to explore our investment strategy acknowledging the reality that the value premium has been negative across all markets for the ten-year period ending in 2019. Conversely, the profitability premium and the market premium have been strongly positive over that same period...
Topics:
We finished last week’s post with two revelations that spring from the efficient markets theory: It’s very hard to exploit “mispricing”, if not impossible, after accounting for the costs to do so. The “market portfolio” is a very efficient portfolio, and you better have a good reason to ...
Since my two-and-a-half-year-old is home from school with the closures and social distancing, my wife and I decided to really ramp up the education. We are teaching him French, Mandarin, and the scientific table. It’s a lot, but 10 to 12 hours of daily rigorous study is really paying off. If only ...
Nights were the worst. Hour after hour, I was flooded with an overwhelming sense of panic and dread as the fever raged and the sweat soaked my clothes. Every inch of my body ached to the bone. I couldn’t bear to lie down but I was too weak to walk. Wrapped in a blanket, shivering, […]...
One of the silver linings to all of this is that I’ve gotten the chance to spend more time with my two-year-old daughter and four-year-old son than I otherwise would have. Of course, as other parents know, spending more time with kids now also requires that we take on the role of teacher. In my [&...
I was in the middle of another piece about market basics when I heard the news that John Prine had passed away due to COVID-19. Prine was one of the great American singer-songwriters, though he flew a bit more under the radar than others in his class. I was fortunate enough to discover his music [&h...
Over my lifetime, the U.S. has experienced eight bear market cycles, and in each, it was tempting to think “this time is different.” Now here we are in 2020, and the current crisis is different from the others–not in the depth of the market declines, or in what we know we need to do as [&h...
Curious to see if we’re a good fit for each other? All it takes is a brief conversation with a TCI advisor to find out. Fill out the form below to have an advisor contact you. We’d love to hear from you.
(877) 733-1859Your Name
Phone Number
Email address
ZIP code
