The Bet In 2008, Warren Buffett issued a challenge to the hedge fund industry, which in his view charged exorbitant fees that the funds’ performances couldn’t justify. Mr. Buffett contended that, including expenses, a passive strategy invested the low-fee Vanguard S&P… Read More ›
The long view is simply about gaining some perspective as the market whip back and forth in a very extended market topping process. It is about understanding that the markets for all their ups and down have really gone… Read More ›
“What happened” is the question I was asking all day on Wednesday. The market was having a broad-based risk-on rally which appeared to be defying the current tightening monetary policy narrative. While the buy-the-dip crowd was out in force there… Read More ›