Aug 13 2019

Forty years ago today, BusinessWeek ran a famous cover story declaring “The Death of Equities.” Since then, equities have risen by 7,000%. That’s “kind of embarrassing,” the magazine admits. Points for honesty.

Dec 3 2018

Every single Ivy League endowment—managed by some of the most “sophisticated” investors in the world—failed to beat the performance of a simple 60% stocks/ 40% bonds portfolio over the past ten years. The investment advice industry is a scam.