No Silver Bullets in Investing, There’s Just Snake Oil in New Bottles

This is a brilliant piece from James Montier of GMO. “Modern day investment management resembles, sadly, another old profession – and I’m not thinking of the oldest one, although there may be parallels there as well. Rather, I’m thinking of ancient alchemy with its near constant promises to turn lead into gold, just as investment managers repeatedly offer Read more about No Silver Bullets in Investing, There’s Just Snake Oil in New Bottles[…]

Alpha or Wealth?

This is a must-read article for any investor who pursues market-beating strategies.  It demonstrates how “beating the market” (even if it were possible to consistently do so) does not necessarily translate into more wealth or a higher level of confidence in attaining one’s most important financial goals. View the full article >>