In 2008, we moved baseball legend Henry “Hank” Aaron’s childhood home six miles from its original location, in Toulminville, Alabama, to the stadium of the now-defunct, Minor League Mobile Bay Bears baseball team. Working Carefully Moving a house is a difficult task that requires a lot of hard work — …
Read More »Investing legend Burton Malkiel on day-trading millennials, the end of the 60/40 portfolio and more
There aren’t many books about investing that remain relevant over 40 years after they were first published. Burton Malkiel’s A Random Walk Down Wall Street, first published in 1973 and now in its twelfth edition, is one. Malkiel’s observation — that short-term fluctuations in the markets make stocks unpredictable and …
Read More »Key Words: Stock-market legend who called 3 financial bubbles says this one is the ‘Real McCoy,’ this is ‘crazy stuff’
“ ‘My confidence is rising quite rapidly that this is, in fact, becoming the fourth, real McCoy, bubble of my investment career. The great bubbles can go on a long time and inflict a lot of pain but at least I think we know now that we’re in one. And …
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