Blog
August 4, 2019

Why This is Such a Hard Time For Investors

In the forty years that I have been studying and participating in investment markets, the…
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Energy
July 29, 2019

Energy, Climate Change, and Finance: 2019 Update

Despite all the publicity given to green energy projects, the inertia behind the use of…
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Blog
July 22, 2019

Why Every Investor Should Remember Visicalc

For fun and edification, I keep a list of those tech innovators and products that…
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Blog
July 17, 2019

Bubble Stocks 2.0

In Bubble, Bubble, Toil and Trouble, Rob Arnott, Shane Sheppard and I offered a real…
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Blog
January 21, 2019

How Fast Sentiment Can Change – Tesla

Throughout much of the last several years the Los Angeles Times has been enthusiastic about…
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Blog
January 3, 2019

Apple, Inflation and Valuation

In light of Mr. Cook's revision of expected fourth quarter revenue for Apple, it is…
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Blog
December 27, 2018

Efficient Markets?

The efficient market hypothesis holds that the market prices of securities accurately reflect the fundamental…
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Blog
December 20, 2018

Advisors say “Get Defensive”

From Charles Schwab to Goldman Sachs, analysts and investment advisors are warning investors to “get…
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Blog
December 18, 2018

Why Fundamental Valuation Matters

First, a little humility.  When we posted our list of ten bubble stocks we were…
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Blog
December 5, 2018

Disappointment and Concern at the Los Angeles Auto Show

As readers of this blog know, we have consistently opined that at prices exceeding $350…
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