Mistitled — & Misleading [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] “Tell me where I’m going go die, so I won’t go there.” –Berkshire Hathaway’s Charlie Munger. Sorry, notwithstanding...Read More
Confusing Correlation and Causation “The Super Bowl Indicator.” “Dogs of the Dow” (Jones Index). “Sell in May and go away.” “The hemline index.” What do each of these (and doubtless dozens of other) investing strategies have in common? They were all, once upon a time, reliable investing formulas. Until they weren’t. At least as far as...Read More
My Stock Market Advice Three years ago, I told anyone who asked that I thought it was too late to sell, but too early to buy. Today? My take is that it’s too late to buy, but too early to sell. Based on my abysmal market timing, that no doubt means that now is positively...Read More
