Friday, August 14, 2026
If you’ve been with me for a while, you’ve probably heard me say that I spend a lot of time reading. While much of it focuses on markets and investing, I also make a point of reading outside finance. Some of the best ideas come from people solving completely different problems. Recently, I read an […]
Over the last five or six years, I invested in fine wine and whisky casks through a company in London. I had accumulated a nice collection of investable wines. In October 2025, I received an email from the wine investment firm stating that the company would soon be under new ownership. Then, a month later, […]
People are often surprised to learn that I have a degree in Intelligence Studies and spent much of my military career in intelligence. On the surface, intelligence analysis and investing seem to have very little in common. One focuses on national security, while the other focuses on financial markets. The reality is that both disciplines […]
Despite a rough start, SpaceX (SPCX) remains one of the most talked about stocks of the year. And Not every ETF with SpaceX exposure is a good fit for conservative investors. Some funds make SpaceX one of their largest holdings, creating the potential for outsized gains but also significant volatility. For income-focused investors, the better […]
A triple-digit yield is not always the same as a good investment. The best income ETFs produce dependable cash flow while protecting your principal over time. The worst often do the opposite, paying eye-popping distributions as their share prices steadily erode. That’s why for many more conservative investors – particularly those investing for retirement – […]
***This article was previously published on June 11th. I’ve mentioned Hetty Green countless times over the years. Most contemporary investors know her as the richest woman in America, or as an early practitioner of value investing. Many investors also remember Green for what she bought. The more interesting story is how she positioned herself before […]
June was another encouraging month for the US Global Technology and Aerospace & Defense ETF (WAR). Every trade opened during the month finished with a gain. One position closed on July 1, but it was opened in June and is included because it was generated from a June signal. Here are the completed trades: Combined, […]
One thing I have been thinking about lately is how many investors still view the global economy through assumptions that were formed years ago. For decades, the United States, Europe, and Japan were responsible for most global economic growth. Today, a growing share of that growth comes from Asia. Not just Japan, but […]
On June 12, the Space Exploration Technologies Corp, a/k/a SpaceX (SPCX), launched the highest-market-value IPO in history, valuing the company at about $1.8 trillion. The current market value is $2.44 trillion. There is a great debate among investors over whether SPCX is overvalued ($155 per share as I write this), because it trades at many […]
I recently listened to a podcast featuring investment analyst Cecilia Bosman of Skerryvore Asset Management. The conversation focused on women in the investment industry and explored issues ranging from representation and confidence to the barriers that can make investing and finance feel inaccessible. This moment specifically stood out to me: As for why there aren’t […]
