Mike W

The Game of Doubt

Investing for the long-term, while successfully accumulating wealth, will be one of the toughest games you’ll ever play. The journey is as exciting as it is humbling. In fact, at times it will seem to be begging you...

Market Volatility Breeds Doubt

When it comes to the threat of war, the difference between today and 25 years ago is that cameras and real-time wireless connections with satellite feeds put us all on “the frontline” within seconds. The truth is that...

Investor Rope Burns

Anyone hoping we might start Q2 more quietly than we ended Q1 on the volatility front has been rudely awakened to a dead elephant bounce. Thousands of points have already been covered and we are only a few...

About that “Financial Quarter from Hell...”

Investors, they are leaving, again. They will be back. And when they do, we will be here. We will be here at higher prices, when the coast is again considered “clear.” The future will look “bright” at that...

You’re Getting Skewed

When investors try and mix political views with market reality they’re in for a whole lot of frustration and political skewing. Please note all the "extreme fear" readings now on the data dashboard. That reading actually fell to...

Voting vs Weighing

Billionaire Warren Buffett has said many times: “In the short-term, the stock market is a voting machine. In the long-term, it is a weighing machine." And right now we’re watching the “voting process” unfold. Dumb decisions are being...

A Stock Market Stinger

In medical terms, a “stinger” is a neurological injury suffered by athletes, mostly in high-contact sports such as ice hockey, rugby, American football, and wrestling. But I’m getting the sense from emails and comments this week that we...

In The Long Run

Easily forgotten is the barn-burner earnings season of Q4, 2017, as the Q1, 2018 session starts in just a few more weeks. And we should now expect to see the trickling effects of US tax changes, as many...

In The Harsh Light of Market History

And so the flow of stock market-focused red ink continues. But the recent return of volatility is neither new nor abnormal. It’s a trade range that serves a very important purpose. And like the ride we took in...

When You Gaze Too Long Into the Abyss…

Virtual reality (VR)? Never mind the big goggle headsets; it’s already happening with every click you make. Consider Steven Spielberg’s upcoming movie Ready Player One (which is already being used as a paradigm for upgrading some VR chip...