On October 21 of last year, at 10:20am Pacific Time, millions of people participated in the Great California ShakeOut (www.shakeout.org), practicing the essential earthquake survival skills of “drop, cover, and hold on.” Researchers long ago established that those who practice an emergency response are more…
We thought we’d take a break from the scary market action of the past week and talk about EMT. And no, that doesn’t stand for Emergency Medical Technician, notwithstanding any heart palpitations you may be feeling. The EMT we’re going to discuss stands for Error Management…
We just wanted to touch base with a brief note on the S&P downgrade of US long-term debt and the ongoing volatility in the stock market. To begin with, we believe that the actual downgrade was a bit of grandstanding by a company desperately trying…
Yet again, the word of the day is double-dip, and not double-dip ice cream we needn’t add. Slower growth for the US economy during the first half of this year and debt worries in Europe seem to have driven investor anxiety over the top, causing many to…
We thought we’d offer a few observations now that Congress and the White House have managed to come to an agreement on raising the debt ceiling. As we suggested a week ago, a deal was indeed done, though not before the arrival of the eleventh hour. Among…
We thought we’d commemorate the 222nd anniversary of the storming of the Bastille with a Live Big® Digest. Among other things, Bastille Day can be a reminder that the more things change, the more they stay the same (or, as the French would say: Plus…
We’re writing to talk to you about a book, “The Investment Answer” by Daniel Goldie and Gordon Murray, and to explain why we thought you’d find it a worthwhile read. To begin with, the book presents the insights of more than 60 years of market…
We thought it might be time to comment on the economic and financial turmoil, not to mention human suffering, that has arisen as a result of the earthquake and tsunami in Japan.
To begin with, risk means that more things CAN happen than WILL happen, and since the things that can happen are legion, it would be expensive to individually hedge every possible negative contingency.
“History may not repeat, but it sure does rhyme.” Mark Twain Our latest webinar was a review of some of the enduring characteristics of the economy and the markets and how, even amidst the seeming chaos, it’s still possible to craft investment strategies that can carry us…