Weekly Blog

Two Things that Move Stock Prices

There are two things that move stock prices. In the short-term, stocks are a popularity contest. How else can you explain some of the values of tech stocks today? People are voting with their hard-earned dollars. They love tech stocks…at least for now. Some day they...

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Two Ways to Stay Rich

Have you ever looked around a bookstore for the section on how to stay rich? You could fill a library with books about how to get rich. That’s because there are so many ways to get rich. You can take a lot of risk and hope to get lucky. You can save diligently for...

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Inflation is Now a Moving Target

The Fed approved a big change to its inflation target at its virtual Jackson Hole Symposium last week. They are now willing to let inflation run past 2% with a goal of achieving an average of 2% inflation over time. They will no longer look to aggressively raise...

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Problem Solver

One of the hardest things for me to do as a husband is to listen to Charnelle’s problems. Why? She is not looking for me to solve them, which is what I would prefer to do. She is looking for me listen and empathize. I admit empathy is important, but then I want to get...

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Day Trading Doesn’t Work

​Warren Buffett famously said, “If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.” I found that to be true when I was 22 and sitting down for the occasional poker game. I wasn’t any good and was just relying on...

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