Several clients have recently asked me about Socially Responsibility Investing (SRI), so I thought I’d share my thoughts. In case you are in a hurry, the executive summary of my critique is to avoid SRI because it is largely a marketing ploy that creates mutual funds that are expensive, not very diversified, generally perform poorly […]
Should I Invest in Oil?
During the first week of January (2015), the price of oil went below $50 a barrel and I filled up my gas tank in my SUV for less than $30! As a result, several people asked me if it is time to invest in oil. There is currently a lot of talk about declining oil […]
Diversification: The Broccoli of Investing
Diversification is like the broccoli of investing. You know that diversifying your holdings and eating broccoli are the prudent long-term things to do… but sometimes both are hard to consistently do. Even though broccoli is not the yummiest food, I make myself eat it. I also diversify my portfolio because both things are good for […]
The Importance of An Investment Philosophy
Many investors find themselves trapped in a perplexing cycle of underperformance and missed expectations from their investments. Choosing your Investment Philosophy is the missing link that can offer long-term peace of mind. Approaching investing without an cohesive Investment Philosophy is like building a house without a blue print. Most people don’t realize that there are […]