You've heard us say time and time again, we prefer probabilistic thinking over stories. We operate by expectations grounded in history and evidence rather than forecasts that require a crystal ball. … [Read more...]
Investment Concentration vs. Diversification
Some financial advisors advocate for concentrated “best ideas” portfolios as the surest path to market outperformance. Who doesn't want that? The premise is when a portfolio consists only of a … [Read more...]
Deconstructing Current Inflation
A recent spike in the U.S. inflation rate combined with wage growth and near-record low unemployment has captivated the attention of America as this information is integrated into current asset … [Read more...]
Trying to Predict the Market? Flip a Coin
There is no reliable way to predict top performers in the stock market. Research shows this. We know that broad diversification helps reduce unnecessary risk associated with exposure to a single … [Read more...]
Tax Planning in Turbulent Times Part 1: The Tools of the Tax-Planning Trade
Whether you’re saving, investing, spending, bequeathing, or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. No wonder people get … [Read more...]
Lessons for the Next Crisis
The 10-year anniversary of the global financial crisis is quickly approaching. In early October 2007, the S&P 500 achieved a new high point before shedding more than half its value over the next … [Read more...]