In Warren Buffett’s 2017 letter to shareholders of Berkshire Hathaway, he lays out the details of his overwhelming victory in his 10-year bet on a Vanguard
The Dreaded 3% is getting dangerously close! Of course, we are referring to the yield on the 10-year Treasury note which closed Friday (2/23/2018) at 2.87%
While it was only two weeks ago that we heard the incessant chatter about “the best January in the last three decades”, it may as well have been a
Today (2/2/2018), the Dow suffered its largest single-session point plunge since 2008, losing 666 points. Expressing the decline in percentage terms (2.54%)
Today’s (1/17/18) Wall Street Journal featured an opinion piece by Martin Feldstein (Harvard professor and chairman of the Council of Economic Advisers under
Today (12/29/2017) marked the last trading day of 2017, and stocks across the board continued to impress. US stocks turned in their ninth consecutive year
After much political drama and grandstanding, the GOP’s Tax Cuts and Jobs Act is now officially the law of the land, taking full effect in 2018. We won’t bore
As of today (12/16/2017), the passage of the reconciled version of the Republican tax bill appears to be a foregone conclusion. As you may be aware, the
In the recently published “Vanguard Economic and Market Outlook for 2018: Rising Risks to the Status Quo”, Vanguard takes an increasingly guarded stance. The
Even without Warren Buffett winning his ten-year bet on the performance of a handpicked collection of hedge funds vs. an S&P 500 Index Fund, the argument is
The winner of the 2017 Nobel Prize in Economic Sciences is Richard Thaler of the University of Chicago Booth School of Business “for his contributions to
Note: All performance figures quoted below are based on MSCI Indexes using data provided through the Dimensional Returns 2 program.
The third quarter of 2017