Disclaimer

 

This is a personal blog. The views here are mine alone — not my employer’s, not my wife’s, and not the dog’s, though he holds strong positions on the mail carrier.

Nothing here is investment advice. I don’t know you. I don’t know your income, your tax situation, your time horizon, how much you’ve saved, or how you’ll actually feel when your account is down 30%. Anyone willing to give you specific investment advice without knowing those things is doing it wrong. If you want advice that accounts for your circumstances, hire someone whose job that is.

I don’t recommend specific securities, funds, or managers here, and nobody pays me to write about theirs.

I try to get things right, but I’ll still be wrong sometimes — errors, stale numbers, or a view that made sense in 2016 and doesn’t now. Where I’ve been wrong, I’d rather say so than quietly edit the archive. Past performance describes what happened. It doesn’t promise what happens next.

Links to other sites aren’t endorsements. Reading this doesn’t make you my client or create any professional relationship between us.

Please share or excerpt anything here — just include attribution. Don’t paste entire posts under your own name. Use your head. Don’t be a jerk.