I read a headline this week that left me shaking my head in disapproval. In a grandiose display of high-minded social responsibility, Japan’s Government Pension Investment Fund, the world’s largest pension plan, decided to ban the shares of the stocks it owns from being borrowed by short sellers. (In order bet against a stock by...Read More

I have a library. And you should have one, too. I’m proud of the collection of books I’ve collected over the years. A good chunk of my library is dedicated to investing, economics, and other money-related topics. It is my job, after all. But I also have an entire shelf of literature dedicated twentieth century Spain,...Read More

Hakeem Olajuwon was one of the greatest basketball players in history. Two-time NBA Finals champion — and Finals MVP — with the Houston Rockets, two-time defensive player of the year, and the 1994 league MVP; he is rightly included among the all-time greats. But whatever you do, don’t put a baseball in his hand. Hakeem...Read More

I’m not sure how I’d feel about inviting Jeremy Grantham to my Thanksgiving dinner. On the one hand, I could see him being a font of fascinating cocktail chatter. After more than a half-century of navigating the markets, the man no doubt has stories to tell, and in a sophisticated English accent at that! But...Read More

An tornado ripped through my part of Dallas Sunday night, knocking the power out of my office building. As of this morning, they’re still not sure when the power will be turned back on. Judging from the number of electrical poles I saw ripped out of the ground, I’m guessing it will be a while....Read More

My job is to help you make money. It’s what I spend most of my waking hours thinking about. But today, we’re going to take a break from all of that. Rather than talk about making money, I’m going to focus on having a little fun with it. After all, you can’t take it with you. The whole...Read More

With the World Series set to start next month, I have baseball on my mind. So today, we’re going to glean investment insights from Ted Williams, arguably the best hitter in the history of the game. Ted Williams Knows How to Hit a Ball The Boston Red Sox leftfielder finished his 19-year professional career with a lifetime...Read More

Cliff Asness doesn’t have the name recognition of a Warren Buffett or a Carl Icahn. But among “quant” investors, his words carry a lot more weight. Asness is the billionaire co-founder of AQR Capital Management and a pioneer in liquid alternatives. For all of us looking to build that proverbial better mouse trap, Asness is...Read More

The following is an excerpt from Best ETFs for 2018: This Isn’t the Year for Emerging Markets (DVYE). Well, I should probably start this by mentioning that I no longer personally own the ETF I recommended in InvestorPlace’s Best ETFs for 2018 contest. I recently sold my shares of the iShares Emerging Markets Dividend ETF...Read More

The following is an excerpt from Best Stocks for 2018: Enterprise Products Is a Keeper. A 14% return is nothing to be ashamed of in a year where the S&P 500 is up only 8%. Yet it looks awfully meager when my competition in the Best Stocks contest is up 144%. As I write, my...Read More