When looking at low-priced stocks, how can you tell the difference between solid value stocks and the dreaded value traps? The answer: value stocks eventually recover, while value traps do not. I realize that my answer is no more useful than Will Rogers’ advice — “Buy stocks that go up; if they don’t go up,...Read More

I had dinner at my friend Alan’s house earlier this week. You could call it a mini-housewarming party. With a baby on the way, he and his wife decided to upgrade their house in anticipation. They’ve finally settled in, and I was their first non-family guest. It might as well be a castle. Four-car garage,...Read More

As we close out 2019, it’s time to look ahead to see what we can expect from the stock market over the next decade. I want to be crystal clear here… there is no perfect, foolproof stock market indicator. No one knows with any degree of accuracy what the market will do over the following...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

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