Tag: no skill

What Makes Investing So Hard?

Anyone willing to do some research on how to invest will eventually find the relatively simple approach that most experts recommend to individuals. Like in Blackjack, let’s call this Basic Strategy:

Stock Market Experts of the 1930s

If you have even the slightest interest in investing, you probably notice stock market experts everywhere, whether they appear on CNBC, write for newspapers or blogs, or even serve as […]

Are Morningstar Ratings Useful?

From the August 2010 newsletter: The financial industry certainly places more emphasis on style than substance. So when their work is actually evaluated, it tends to be disappointing. Wall Street’s […]

Wall Street’s Earnings Forecasts

Forecasting company earnings is a critical first step in Wall Street’s favorite pastime–predicting stock market returns. As an investor, you are most likely exposed to forecasted earnings when looking at […]

Trading in Volatile Markets

From the May 2010 newsletter: You may be wondering what trading I’ve done over the last few weeks with the recent volatility in the stock markets (S&P 500 below). Well, […]