Due Diligence Don’t Turn Your Portfolio into the NFL Draft Posted on April 28, 2017April 27, 2017 By Matt The NFL draft reminds me of picking investments. Lots of hype followed by second-guessing every pick. It’s nice to acquire new talent, but the key to investing is to avoid a bust. Don’t Overthink It Leading up to the NFL draft, the experts on ESPN make and revise their mock… Read more
Investing Three Trades Based on This Week’s Headlines Posted on April 27, 2017 By Matt The two big news items this week are the French election and US tax reform. There was also a big shakeup in the House of Mouse as Disney’s ESPN laid off a significant amount of on-air talent. What’s the best way to trade this news? If you read this blog… Read more
Due Diligence Settling for Average Posted on April 13, 2017 By Matt Settling for Average Capital Group is pushing back hard against the passive investing crowd. They make the case that some basic screens (low expenses, manager investing in their own fund, etc) can reveal good managers. I agree with that. The screens I use at Fairway are kind of hilariously basic… Read more
Don’t Buy the Next Amazon Posted on March 28, 2017 By Matt THIS STOCK COULD BE LIKE BUYING AMAZON IN 1997! So reads the ad disguised as a headline on Yahoo Finance. Here’s the thing: you don’t want to buy the next Amazon. Clicking on the ad takes you to a wall of text. The performance is stellar. The method is so… Read more
Due Diligence An Anniversary and Some Words on Garbage Posted on March 7, 2017 By Matt This week marks the anniversary of the bull market whether you measure from the intraday bottom on 3/6/2009 or the day’s closing bottom on 3/9/2009. It’s not as simple as all that, though. After a 19% annualized gain or over 300% cumulative, it’s hard to ignore claims that the market… Read more
Investing Trump Portfolio Posted on January 23, 2017 By Matt We’ve witnessed the peaceful exchange of power in the most powerful country on the planet. Now, how do we create a “Trump Portfolio” of only the best, really the greatest, everybody says so securities? Does it make sense to overweight small cap manufacturing stocks that might benefit from a strong dollar or… Read more
HBTM: 12/12/2016 Posted on December 12, 2016 By Matt How ‘Bout That Market? This is a question I hear at social gatherings often enough that it makes sense to make it a regular entry on this website. The Market The stock markets have been going up since the election. Is this a Trump rally? I hesitate to say so… Read more
Investing Filthy Casual Posted on December 9, 2016April 13, 2017 By Matt I am a gamer. I like role-playing games like Fallout and Final Fantasy as well as real-time strategy games like Starcraft. However, according to the internet, I play these games all wrong. I like to take my time and get lost in the story. This is not the fastest or most… Read more
Certain Predictions Posted on November 18, 2016 By Matt I’m tired of hearing the predictions. The people who were certain Brexit would fail were certain Trump couldn’t get elected President. These same people are certain of how the market will move going forward. Paul Krugman pulled the fire alarm the night of the election when market futures were down… Read more
Investing Donald Trump Posted on November 14, 2016 By Matt Donald Trump is President-elect of the United States of America. This election reminded me of the Brexit vote across the pond earlier this year. An entrenched power bloc assumed it had already won, but woke up the day after the election to a powerful reminder of the world outside of their… Read more