I’ve discussed my general disdain for the idea of “value investing” at some length (see here and here), but it’s worth reiterating at times because it’s such a common theme [ … ]
Category: Myth Busting
(Popular Myths of the Economy and Markets….BUSTED!
Common Myths About Keynesian Economics
The only people who think Keynesian economics and socialism are synonymous are the people who don’t understand Keynesian economics.
The 5 Best Things I Wrote About in 2014
I’ve written an embarrassing number of posts on this website over the last 6 years. Most of them probably aren’t all that useful, but every once in a world this [ … ]
Beat the Average Investor by not Trying to “Beat the Market”
If we look at “the market” of financial assets from the 30,000 foot perspective then an obvious reality becomes clear – there is actually ONE portfolio of all outstanding financial [ … ]
The Myth of Passive Investing Begins to Unravel….
You know an idea is starting to go mainstream in the investment world when it hits the pages of the Wall Street Journal. I have been harping endlessly this year [ … ]
Putting the Performance of Gold in Perspective
My comments about gold during the RT interview with Peter Schiff made a lot of people upset. I’ve received a number of emails, angry comments and forum posts. One of [ … ]
William Vickrey’s 15 Economic Myths Debunked
This is an oldie but a goodie. William Vickrey was a Canadian economist and Nobel Laureate. He was well known for being critical of most things out of the [ … ]
Why the Active vs Passive Debate is the Most Important Debate in Finance
With assets pouring into index funds and ETF’s and away from traditional actively managed mutual funds it has never been more important to understand the process of portfolio construction. Although [ … ]
Has the US Dollar Lost 99% of its Purchasing Power Since 1913?
Every so often this chart of the US Dollar’s collapsing purchasing power starts making the rounds. It’s usually promoted by gold standard advocates or “sound money” advocates. And yes, it’s [ … ]