Bitcoin and other crypto-related assets have been declining over the first two weeks of 2022. The Wall Street Journal attributes bitcoin’s recent move to the overall decline in the stock market and negative investor sentiment regarding potential Federal Reserve policy actions later
The Revolution That Wasn’t
History does not repeat exactly, but it sometimes does rhyme. Those of us who recall the dot com bubble and the years leading up to the global financial crisis of 2008-09 often look at the crazy things that have been
The Case for U.S. Savings Bonds
Boring! I know that is probably your reaction to the title of this article and I can’t really blame you. There is nothing exciting about savings bonds and you’ll never get rich by investing in them. In fact, you may
Berkshire Hathaway’s Great Transformation
On a spring day in 1964, Warren Buffett received a letter from Seabury Stanton offering to purchase the Buffett Partnership’s stake in Berkshire Hathaway. Buffett and Stanton had agreed to a price of $11.50 but Stanton’s letter offered only $11.375. This annoyed the thirty-three year old Buffett and he started buying more shares starting his long journey of transforming Berkshire Hathaway into what it is today.
The Irrational Tax Trap
As an investor, are you making rational decisions when it comes to taxes?
Everyone obviously likes to think that they are rational, but it is quite likely that tax considerations have hurt your results over time. However, hindsight bias and a human tendency to remember triumphs while relegating errors to the deep recesses of memory makes it likely that we have forgotten cases where tax considerations hurt us.