We can be irrational investors and have to be aware of our biases. Investing biases can cost us significant returns over time. Group Thinking, Loss Aversion, and Overconfidence are few of the prominent biases we possess. Systematic Investing diminishes the bias related underperformance evident in Active Management. Biases can be hard to eliminate but can […]

The probability of a recession is rising. I recently highlighted how the Federal Reserve will trigger a recession at its December meeting. Now, market data confirms that research. The yield curve, a traditional recession indicator, is falling. It’s at a 10-year low. In fact, it’s only been this low twice in the past 20 years. The yield […]

If you think if Medicare and Medicaid as examples of “single payer” health insurance plan, you are at best partially correct. Government health spending (including federal, state, and local) does accounts for about 46% of total US health care spending. However, a major and largely unremarked change is that government health care spending is being filtered […]

The importance of financial parameters in making prudent investing decision is undeniable. When you are not able to decide whether to invest in stocks or bonds, you can take the help of some key financial metrics. One such metric, which assists investors in making correct decisions, is earnings yield. It is the reciprocal of the […]

I nearly fell out of my chair when I saw a pack of Marlboro (PM) marijuana cigarettes being promoted online. As the story goes, Marlboro’s “M” series cigarettes are available in four states — Washington, Oregon, Colorado and Alaska. And prices start at $89 per pack — say what? Heck, I even saw the new […]