Picking Stocks Is Like Being an NFL or MLB GM
I love sports. I suspect many of you do as well. I enjoy watching, reading, and talking sports.
In sports, you can't win without...
Why Do Traders Underperform The Market?
Inevitably, every investor, especially those who enjoy reading personal finance blogs, will want to give trading a shot. I certainly tried my hand at...
Predicting The Future: The Wisdom Of Betting Markets
What's the stock market going to do in the next year?
This question is asked by millions of investors, both professional and amateur, every day.
Many...
How Do Stock Options Work? Part 2: Common Options Strategies
Stock options can be confusing to many investors because they can be used to make bets on a wide variety of market outcomes. They have...
The Seven Types of Investors Who Beat The Market (And Why You Aren’t One...
It is very difficult to beat the market. That's why I've emphasized many times that investors should aim to match the market returns through...
Why I Don’t Read Daily Market Wraps
The front page of most financial websites (Bloomberg, Wall Street Journal, CNBC, etc.) will usually have an article recapping the day's market action. I don't...
Wall Street Profiles: Raj Rajaratnam, Galleon Group
In this fourth installment of my Wall Street Profiles series, I profile Raj Rajaratnam, the billionaire hedge fund manager at Galleon Group who was...
If You Must Trade, Follow These Five Rules
It might surprise readers given my background as a former Wall Street trader, but I do not recommend short-term trading. You are unlikely to...
Wall Street Profiles: Carl Icahn
In this third installment of my recurring series on famous Wall Street investors (I have previously written about Jim Simons of Renaissance Technologies and...
The Warren Buffett Bet: S&P 500 versus Hedge Funds
In 2007, Warren Buffett made a $1,000,000 bet with the hedge fund manager Protege Partners that the S&P 500 would perform better than a...