I’m upset. I know I shouldn’t be, but I am. Actually, I’m mad at myself. Why? The most emotionally charged of all reasons, at least for me: money. I stuck with a conservative investment strategy and, in a year when making 10 or 20 percent was a no-brainer, my portfolio[…] Read On
Long ago, I had an old and very overweight friend who went on a crash diet and lost a ton of weight. I think he used Weight Watchers. What drove him was a single goal: He was lonely and wanted, well, you know. The thing is, women did not suddenly[…] Read On
“Sometimes you gotta say ‘What the f***,’ make your move.” – Miles, Risky Business A few weeks ago, I left Fox Business, where I’d written two columns every week since 2012. I had a great run there – loved the people, the support and the editorial freedom – but there[…] Read On
This is a true story; let me know if you’ve heard it before: Jason graduated with a B.S. in physics – a STEM degree, no less – but his grades were lousy (2.8 GPA) and there was a recession going on. He literally could not find a decent job, and ended up[…] Read On
Wells Fargo finally finished an internal investigation into the overzealous sales culture that soiled the bank’s pristine reputation and ended the career of long-time chief executive John Stumpf. It took four of the bank’s directors six months to figure out what we already knew when the story first broke: The executive in[…] Read On
As thousands descend on Davos for the World Economic Forum or what Bloomberg calls “the world’s most expensive intellectual feedback loop,” the one thing on the minds of the world’s business and political elite is how the hell none of them saw the Trump-slash-Brexit nationalist backlash coming until it was[…] Read On
When it comes to investments, most people can’t help themselves from doing exactly the opposite of what they should do. Take the golden rule, for example: buy low, sell high. Sounds obvious, doesn’t it? And it is. But almost nobody does it. When a stock or the market is going[…] Read On