The recent action in the stock market seems to be governed by crowd psychology.
The government must deal with the consequences of some of the last decade’s most successful internet-based businesses.
Common stock ownership needs to be practiced within the confines of a healthy view of risk and reward.
We are excited about the long-term returns that some millennial optimism could provide.
Massive investor popularity can produce some pretty strange circumstances in the U.S. stock market.
The next 10 years will probably not be what the majority of individual and professional investors expect.
Over the long term, it’s hard for a stock to earn a much better return than the business which underlies it earns.
Health-care companies overcome great risks to succeed, but can gain incredibly profitable businesses in the process.
Though markets are generally rational, they occasionally do crazy things.