Based on lifelong learning from an accomplished investor, entrepreneur and consultant.
Success can be defined in different ways. To me it’s about achieving your goals and serving others. While everyone has different goals and priorities, most people pursue career, financial, health, recreational, social and spiritual goals.
The insights here reflect 30+ years of study, hard work, research, learning from others, and from my own successes and failures. My blog covers insights on careers, entrepreneurship and investing.
My purpose is to share essential, powerful and actionable knowledge that will help you succeed!
The pages below provide actionable insights based on years of research, experience and career consulting for hundreds of individuals.
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The insights are based on more than 11,000 hours of research and experience, backed by hard facts, statistics and the wisdom of select investment experts. You can check my library of useful personal finance resources here. Over the course of these ten chapters, you’ll uncover the truths of investing that will enable non-professionals to outperform the pros, while avoiding many pitfalls and unnecessary costs.
The late John Bogle formulated a long-term market return forecast based on “Occam’s Razor.” Although Bogle had mixed results, the approach is interesting, instructive and provides a glimpse into what we might expect for the U.S. market over the coming 10 years. The model suggests Base Case, Pessimistic and Optimistic annual returns ranging from 1.0% […]
My December 2019 Seeking Alpha article, “Mean Reversion + Valuation = Opportunity” identified underperforming asset classes that were attractively valued and poised to generate above average returns in the future. Here we revisit how those assets have performed since the beginning of 2020. There is strong evidence of a sector rotation underway. Nine of 13 […]
In “International Small-Cap Equities: Poised to Outperform” I described the upside opportunity due to mean reversion, favorable valuations, the prospects for a declining dollar, and a worldwide economic recovery. The small cap sector is the cheapest since 2000. Historically, this has resulted in an annual return size premium of seven percentage points over subsequent three-year […]
Although they’ve performed well for decades, international small caps have been out of favor for at least 10 years. Mean reversion and valuations present opportunity for long-term outperformance. The prospects for a worldwide economic recovery and declining dollar act as potential catalysts. Price action since the selloff in March and in recent months might signal […]
In “Why Investors Are Underweight China Equities, But Should Reconsider,” I described why China is the rising power vying to overtake the U.S. on the world stage. The article made the case for investors to consider allocating 10-15% of their equities to China. After reviewing the leading ETFs in this space, the Wisdom Tree China […]
Investors are underinvested in China equities relative to its economic and overall global stature. China carries unfavorable attributes and risks that have suppressed its equity market. There are seven key reasons to boost allocations to China equities, including the potential to outperform the U.S. by five percentage points per year for the next ten years. […]
The FAANGs have evolved to FANTAZIAM: Facebook, Alphabet, Netflix, Tesla, Amazon, Zoom, Internet stocks, Apple and Microsoft. This whimsical investment world is aptly described by the classic Disney movie, Fantasia. Insider sales are overwhelming buys among these stocks while the overall market insider buy/sell ratio sits at a 12 year low. Valuations also scream sell […]
Investing based on expected political outcomes is a crapshoot at best. What really matters is the destruction of the dollar. The Presidential candidates and both major political parties will follow the same script. History shows that currency destruction also devastates equity markets. Smart investors will position their portfolios with assets that do well in this […]
Many factors have weighed on natural resources equities, and the sector has been beaten down for a long time. There is significant likelihood of reflation and a dollar decline due to massive fiscal and monetary stimuli. Natural resources equities are a proven vehicle for portfolio diversification and positive upside under these scenarios. The FlexShares Morningstar […]
These are unreal times. There is substantial risk of reflation and significant dollar devaluation due to recent and anticipated additional fiscal and monetary stimulus. Natural resources equities represent ownership in longstanding, successful businesses that produce real assets that are essential to our life. This article explores key reasons investors might consider natural resources equities as […]
Recently my nephew, who is an Executive VP of a large bank and a Certified Financial Analyst, sent me an email saying: “The stock market is insane. I have to throw away my Intelligent Investor book. It is no longer a market.” That and the recent market rebound of more than 25% prompted me to revisit my […]
Emerging Markets (EM) equities are down 22% YTD, with the EM small cap value sector decimated, down 28%. However, the long term Case for Emerging Markets Small Cap Value is still in play and arguably even stronger. Based on screening across many factors, the Wisdom Tree Emerging Markets Small Cap Dividend ETF (DGS) is […]
Recently a friend sent me an email asking, “How far does the stock market have to fall until you would say it is in neutral territory – that is, neither overpriced nor underpriced?” The market is displaying wild day to day swings and is exhibiting classic emotional behavior. To attempt to get a handle on market […]
Summary Emerging markets (EM) small cap value is an attractive asset class for long-term, value-oriented macro investors. EM equities and particularly EM small cap value, have lagged for the past ten years and are poised for a return to their longer-term strong performance.Investors need to carefully weigh coronavirus, ESG, financial reporting, currency, political and trade […]
My last article, “Mean Reversion + Valuation = Opportunity” cited eleven asset classes that have opportunity for outperformance in the coming decade. That led me to ask: Can portfolios constructed with these out of favor assets provide superior returns? Specifically, I wanted to know: How have Contrarian Portfolios performed over long periods when no mean […]
I am an investor, entrepreneur, consultant and educator. My passion is utilizing my accumulated knowledge, experience and skills to help others succeed. That is the sole purpose of this site. I don’t have a product or service to sell. At this point in my life, I have found it’s rewarding and enjoyable to give back.
Simply put, I write and speak about investing and wealth management because I enjoy it and because the world needs it. The United States has a 57% financial literacy rate, ranked 15th in the world, behind Botswana. Only one third of Americans can pass a basic financial literacy test. We don’t teach it in most of our schools.
I believe investing and money management are life essentials that everyone should know, just like reading, writing and basic math. My mission is to help people to become more knowledgeable about building wealth and managing their money, in turn improving their overall wellbeing.
This site also has a lot of information for advanced investors and you can read more of my advanced investing content at SeekingAlpha.