Category: Investing

3 Investments to Consider for an Expensive Market

3 Investments to Consider for an Expensive Market

Here’s a market concern we’ve been hearing from investors more and more lately: There aren’t any good investment opportunities right now. Stocks are expensive, bonds...
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Profiting from the Recklessness of Others

Profiting from the Recklessness of Others

A couple months ago, I wrote about the dangers of levered ETFs, showing how these products designed to juice investor’s returns end up eroding capital...
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The Line Between Aggressive and Crazy

The Line Between Aggressive and Crazy

Suppose I offer you a bet. Flip a coin, heads you lose your entire bet, tails you win it back plus one and a half...
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“Make it a Quadruple”

“Make it a Quadruple”

This month, the financial press has been abuzz with the latest case study in Wall Street’s storied history of feeding speculative frenzies: the quadruple-levered ETF....
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A Permanent Bear Market in Fossil Fuels?

A Permanent Bear Market in Fossil Fuels?

In my last post I wrote about how the financial industry, led in particular by asset manager BlackRock, may begin putting pressure on the private...
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BlackRock Goes Green

BlackRock Goes Green

When it comes to the financial markets, I am a perennial optimist. Investing not only makes us richer in the long run, it makes the world...
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Snap and Sucker Bets

Snap and Sucker Bets

Imagine I offer you the following deal: I will sell you a promissory note so I can expand my business. The note will be subject...
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Culture, Investor Behavior, and the Market

Culture, Investor Behavior, and the Market

Investors, being human, are not always perfectly rational, but sometimes make decisions that are influenced by their emotions or cognitive biases, which can effect market...
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Postmodern Finance Part 8: Peace, Love, Happiness, and Arbitrage

Postmodern Finance Part 8: Peace, Love, Happiness, and Arbitrage

Imagine an alien race with no concept of money was observing the earth from afar, trying to understand us humans. What might they say about...
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Postmodern Finance Part 7: 21st Century Personal Finance

Postmodern Finance Part 7: 21st Century Personal Finance

It’s 2016, extreme poverty is on the verge of disappearing from the earth, private companies are planning manned flights to Mars, you’re probably reading this...
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