stock market

The data is in: You can’t beat the market

I look at S&P SPIVA scorecards for mutual funds, which confirm what we already knew about investing: that you can’t beat the market. Note: I’m not a financial advisor. I don’t offer financial (or legal) advice. My job is to … Read MoreRead More

Why do we care about the stock market’s daily moves?

There is no practical reason for most people to follow the up and down moves of the stock market, and plenty of reason to ignore all of it. I listen to NPR a fair amount, mostly when I’m in the … Read MoreRead More

Opulent house

This time it’s different, or not

If there’s one thing we are biased toward, it’s the sense the present is somehow different from everything that came before. This can refer to financial affairs, sure, but it also refers to anything: education, technology, social interaction, you name … Read MoreRead More