Investing in individual stocks is risky. “Both large and small investors should stick with low-cost index funds.”1 Never get involved in a land war in Asia. You don’t need to convince me of these truths – I am a big fan of what index funds represent. I don’t have much of an “edge” to beat […]
The Case for Individual Stocks Read More »
Conventional wisdom says that index funds are the place to be, at least for most individual investors. Markets are (mostly) efficient. Little guys have almost no chance of beating the pros at picking stocks. So why not just stay away from individual stocks altogether and put everything in an index fund? What’s In An Index
The Shocking Truth About Index Funds Read More »
Financial Lessons from the World’s Most Ubiquitous Combat Rifle When the AK-47 was released, it earned the contempt of Western armies. It continues to earn the contempt of many gun enthusiasts today. It is cheaply made. It has, at best, average accuracy. It is an incredibly old design (the “47” refers to 1947, its first
In Praise of the AK-47 Read More »