We’ll start with a discussion of stock market valuations, one of the primary considerations that pushes us away from U.S. stocks. Then, we will caution against a couple of investing traps we’ve witnessed people fall into: conflating the economy and stock market and letting FOMO inform investment decisions.Read More
It’s natural to wonder about the next bear market. The risk – a bigger risk even than portfolio declines – is that wonder turns to fear and fear leads to action.
It is important to be mindful but not fearful. Here are some thoughts and predictions about bear markets to add some context to concerns.Read More
Tech has grown so powerful that, like Icarus, it may fly too close to the sun.Read More
Blockchain appears to be a wonderful technology that may eventually yield tremendous economic and societal value. No matter how Bitcoin’s story unfolds, it will be an interesting study in FOMO, markets, and psychology.Read More
Bay Area natives have vivid memories of the tech bubble that burst in 2000. With mind-boggling house prices, cranes overtaking the S.F. skyline, and traffic popping up at any hour anywhere, it’s natural to wonder whether we’re reliving the turn of the century.Read More