How to Beat This Nobel Prize-Winning Investment Strategy
October 18, 2013
This week the Royal Swedish Academy of Sciences awarded the 2013 Nobel Prize to three deserving American economists: Eugene Fama, Lars Peter Hansen and Robert Shiller. Fama, of the University of Chicago, famously wrote the 1965 paper “Random Walks in Stock Market Prices,” demonstrating that the stock market is highly efficient at rapidly pricing all publicly available information into stock prices.
Why I’ll Never Use a Discount Broker
August 13, 2013
My colleagues at the Palm Beach Letter, Tom and Tim, think I’m a spendthrift. Why? Because I use a full-service broker. They use online discount brokers. They tell me I’m crazy to pay some guy a ton of money to do what I can do myself.
The Most Amazing Business and Investment Story of Our Time
January 21, 2013
If your son dropped out of college before getting a degree and without taking a single business class, joined a far-left commune dedicated to progressive ideals, what would you say the odds are that he would found and run a Fortune 500 company with $12 billion in annual sales and gross yearly profit of more than $4 billion?
Robert Kiyosaki Shocks Investors At FreedomFest
August 21, 2012
Two thousand wealthy investors and concerned citizens jammed into this year’s FreedomFest in Las Vegas to hear over 150 speakers talk…
6 Investing Lessons From J. Paul Getty
May 24, 2012
Upon seeing the first chapter entitled How I Made My First Billion, I knew I had a winning book in my hands…
How an Investment Portfolio of 9 Rappers Beat the Market
May 1, 2012
“The game is rigged…” That’s the lament from a lot of investors over the last few years. I feel for the people who share that view. It means they got burned…
Harry Browne’s Permanent Portfolio: When You Can’t Afford to Lose Money
March 26, 2012
I guess when you’re an investor or in the business it’s your mission to find vehicles, processes and theories that beat the market…