Occupation: Professor Birth: November 14, 1945
The good thing about the dividend-paying stocks is, first of all you have stocks, which are real assets if we have some inflation. I think we're goin….
It can be shown that maximum diversification is achieved by holding each stock in proportion to its value to the entire market (italics added)... Hin….
Hindsight plays tricks on our minds..
You have never lost money in stocks over any 20-year period, but you have wiped out half your portfolio in bonds (after inflation). So which is the r….
Fear has a far greater grasp on human action than the impressive weight of historical evidence..
The current financial crisis calls out for new products and services as well as more, not less, information about what is safe and profitable in the ….