Should You Slap A Simple Single Or Swing For The Fences?

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Photo by Ulrik on Freeimages.com

This could easily become a column on successful investing, but it’s not. It does, however, reflect a Noble Prize-winning concept that has propelled successful investors for more than half a century. It’s simple. I’ll explain it quickly.

Every investment option possesses two critical factors: risk and return. Scholars credit economist Harry Markowitz as the first to identify the correlation of risk and return. In his 1952 paper “Portfolio Selection,” Markowitz, the father of “Modern Portfolio Theory,” says low-risk investments can yield low returns and high-risk investments must yield high returns. The “can” and “must” refer to the price you should reasonably pay for the investment.

But this column isn’t about successful investing, it’s about life. Specifically, your life. More precisely, the choices you face in your life. Understanding the dichotomy between “low-Continue Reading “Should You Slap A Simple Single Or Swing For The Fences?”

On The Oscars, Bank Runs, And Picking Winning Stocks

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Photo by Mirko Fabian on UnsplashI’m not really a fan of awards shows. I’ve got a lot of other things to do besides watch celebrities celebrate each other. Oh, and don’t get me going on the value signaling.

But I do watch movies. Mostly old ones. Although for the first time in a long time, I actually saw one of the movies nominated for best picture. Only one of them. And I’m probably not alone in that category.

Top Gun: Maverick did something Hollywood really needed. It made people want to go to the theater again. You can count me among them. Granted, that was the only movie that compelled me since the last James Bond fiasco (see “Abandon Bond All Ye Who Enter,” Mendon-Honeoye Falls-Lima Sentinel, November 4, 2021).

In return for this gift, the powers that be nominated Top Gun: Maverick for “Best Picture.” It would never win, of course, but they truly believe it’s an honor merely to be nominated. But to make them feel less guilt, they’d have to nominate the film for a few other Continue Reading “On The Oscars, Bank Runs, And Picking Winning Stocks”

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