Diversification Requirements: Why Mutual Funds Lose to the Market

February 26, 2012

It is commonly said that mutual fund managers can beat the market in one year, and maybe even two years. Over the long haul, however, any given mutual fund manager is certain to lose to the market, due to the higher-cost fee structure common with most mutual funds. Other perspectives argue that mutual fund managers […]

Read the full article →

6 Reasons Learning a Foreign Language Is Completely Useless

February 22, 2012

When I was in middle school, I had the choice of learning French, Spanish or Latin. I didn’t have a particular interest in learning a foreign language, and had never left the country or had any international exposure to speak of. In my rather naive and simple estimation of my options, I understood that the […]

Read the full article →

Gas Prices Rising in Summer – It’s a Lie. [CHART]

February 20, 2012

The mainstream media loves a headline, especially one with a purported “expert” touting $6 gas prices by the summer time (last year’s $6 prediction, this year’s $6 call “by Spring!”) to get you to “stay tuned” across a commercial break or click their link. Writers and anchors, the sheep they are, always repeat the common […]

Read the full article →

GM Bonuses Skyrocket while Bondholders Get Screwed

February 19, 2012

It sure is funny how things change. Just three years ago, General Motors lost a whopping $30.9 billion dollars in a single year. High operating leverage stemming from the exorbitant fixed cost of manufacturing automobiles coupled with slowing car sales decimated the company. In 2011, the company reports that it made $7.6 billion, helped in […]

Read the full article →

Seriously People…Vote on What Really Matter This Year

February 17, 2012

In this edition of weekly reads, I’m just throwing the concept out there of completely throwing social issues out the window and focusing on what actually matters for the future of our country.  See, stuff like abortion, gay marriage, prayer in public schools and whatever else your pet peeve is will ultimately be decided by […]

Read the full article →

Insane Success Stories That Drive Me Crazy…But Shouldn’t

February 14, 2012

I was listening to Stern on the way in the other day and he had the graffiti artist David Choe who’s now worth an estimated $100-$200 MILLION because he spray-painted a wall at the Facebook headquarters and they’re going public.  His stories were insane.  The Facebook story isn’t his only compelling feat, the guy should […]

Read the full article →

← Previous Entries

Next Entries →