Don’t feel bad. Most pros can’t either. Indexing vs. active management is always a fascinating debate, at least for us stock geeks with nothing better to do. Over the decades I’ve been on both sides of it at various times. For a very long time I laughed—ha, ha, ha, ha—at the indexers. I made all… [Continue Reading]
The Monk and the Minister
OK, let’s get this blog off and running. Here’s one of my favorite parables to get us started: Two close boyhood friends grow up and go their separate ways. One becomes a humble monk, the other a rich and powerful minister to the king. Years later they meet. As they catch up, the minister (in… [Continue Reading]
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