crazy quilt chart 2017

The Crazy Quilt Chart | Updated with 2017 Asset Class Returns

The Quilt That Keeps on Covering a Diversified Investor What a difference a year sometimes DOESN’T make. For several years now, we’ve been tracking the annually updated random returns that comprise what is known as “the crazy quilt chart.” Here are this year’s results: The Crazy Quilt
Continue Reading →
the price of financial illiteracy

3 Things: The Price of Financial Illiteracy

The price of financial illiteracy is steep In Magna Cum Lousy, Tony Isola laments that we are failing our children by not educating them about personal finance. “Imagine: you give a teenager access to car keys when they have never driven a car or taken Driver’s Education.  You simply
Continue Reading →
financial headlines

Intro to “Tuning Out the Noise” Video

An Exercise in Confusion: “Tuning Out the Noise” First, take a moment to view this powerful video, just released by Dimensional Fund Advisors.  The new millennium’s biggest financial headlines Now, before you consider the substance, how did the onslaught make you feel? Nervous? Anxio
Continue Reading →
Quarterly Market Review

Dimensional’s Quarterly Market Review (Q1 2018)

A Quarterly Tale of Risks and Returns in Real Time For the first time in a long time, U.S. and international developed stock markets alike bled off some steam this quarter. You’ll see that expressed by the bright red arrows in Dimensional Fund Advisors’ first quarter Quarterly Market
Continue Reading →
personal finance

3 Things: Hope, Perseverance & Understanding

Ideas that change how you think about the world “You spend years trying to learn new stuff but then look back and realize that maybe like 10 big ideas truly changed how you think and drive most of what you believe.” Morgan Housel shares his list in “Ideas that Changed My Life”. What d
Continue Reading →

Dimensional Fund Advisors: Sailing with the Tides

March 2018 Sailing with the Tides Embarking on a financial plan is like sailing around the world. The voyage won’t always go to plan, and there’ll be rough seas. But the odds of reaching your destination increase greatly if you are prepared, flexible, patient, and well-advised. Here i
Continue Reading →
wisdom from Warren Buffett

3 Things: Wisdom from Warren Buffett

Usually, our “3 Things” include – wait for it – three things. But Warren Buffett’s 2018 annual letter to Berkshire Hathaway shareholders is filled with so many interesting things that, today, we’re featuring three insights from this one source (emphasis is ours). 1.  Sleeping Well at
Continue Reading →
evidence-based investing

A Two-Course Take on Evidence-Based Investing Part 2: On Diversification and an Advisor’s Role

We’re back! This week, we’re following up on last week’s post on how to combine practical application and academic science to impart a wholly stronger investment strategy. It’s called evidence-based investing, and we are delighted to share excerpts of a conversation between two respec
Continue Reading →
evidence-based investing

A Two-Course Take on Evidence-Based Investing Part 1: On Academics and Practical Advice

There’s little we love more than a spot-on analogy to make simple sense of investment theory – like our recent “3 Things” about how the near-term market often behaves like an unruly dog on a short leash (from “A Wealth of Common Sense” blogger Ben Carlson). That said, while informatio
Continue Reading →
Inflation

3 Things: Inflation, Fact-checking, & State Tax Rates

A “stunning” chart on inflation Barry Ritholtz shares a chart showing Inflation: Price Changes 1997 to 2017 What do you notice about the cost of college as well as health care? “Wages have barely ticked over the median inflation measure, but that did not stop some people f
Continue Reading →