Bigger Picture

West Coast Bound

I’m somewhere over the western part of the country on my way to Santa Monica to participate in an advisor summit at the Dimensional Funds Advisors HQ for the next couple of days. It’s been a while since I’ve been to Santa Monica to visit DFA—the last time I was there it was late 2015 and I was just getting…

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Reversion To The Mean Podcast

Reversion To The Mean: Mistakes Are Ok

Howard Lindzon: Dear College Students (And Parents) MarketWatch: The Lawyers Who Took On Big Tobacco Are Aiming At Realtors And Their 6% Fee The WSJ: Bitcoin Is In The Dumps, Spreading Gloom Over Crypto World Morgan Housel: Death, Taxes, And A Few Other Things The Belle Curve: The Easiest Decade For DIY Investors Of Dollars And Data: We All Make Mistakes The Irrelevant…

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Mixtapes

Weekly Mixtape For March 23rd, 2019

Week In Review Articles: The WSJ: Market Rebound Reaches Crossroads After Latest Rally The WSJ: Stocks, Bond Yields Fall Amid Anxiety Over World Economy NPR: Stock Indexes Drop As Bond Market Flashes Recession Warning The WSJ: Fed Keeps Interest Rates Unchanged; Signals No More Increases Likely This Year The WSJ: Bitcoin Is in the Dumps, Spreading Gloom Over Crypto World The WSJ: Robert Mueller’s Report on…

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Financial Planning

Advisors Behaving Badly (001)

Today I had lunch with a financial advisor friend of mine, and I learned about a disgusting situation he uncovered with a new client. He can’t share this story because compliance says no blogs allowed, so I’m sharing the story. Allow me to set the scene: Baby boomer couple nearing retirement An IRA with around $220,000, a 401(k) with around…

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Mixtapes

Weekly Mixtape For March 16th, 2019

Week In Review Articles: The WSJ: U.S. Consumer Sentiment Improved in March The WSJ: U.K. Parliament Votes to Delay Brexit as Turmoil Drags On The WSJ: U.S. Jobless Claims Rose Last Week The WSJ: Firms to Pay $125 Million to Clients Over Fee-Disclosure Practices The WSJ: The Fees on Your ‘529’ Tuition-Savings Plan Matter More than Ever The WSJ: Federal Prosecutors Charge Dozens in College Admissions…

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Reversion To The Mean Podcast

Reversion To The Mean: When The Bubble Pops

  The WSJ: LaCroix’s Sales Bubble Pops; Stock Tumbles The WSJ: How Accountants Break The Bad News About Tax Refunds: With Chocolate And Tissues Ramp Capital: Nosedive Humble Dollar: Lighten The Load Ben Carlson: From Chaos To Concept Morgan House: Pure Downside, No Silver Lining All About Your Benjamins: Unconventional Financial Planning The WSJ: Stock-Market Volatility Takes A Bite Out of U.S. Households’…

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