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January 11, 2026 - The Panic of 1907 was a severe financial crisis in the United States that unfolded over three weeks in October of 1907 (what is it with October and market crashes?). At the time, the financial system nearly collapsed and had to be…

December 14, 2025 - Time Magazine's Person of the Year is an annual designation that recognizes the person, group or idea that most influenced the world over the past year. In 2025, AI emerged from its formative stages to become a truly life-changing technology deeply ingrained in our…

November 16, 2025 - With era-defining technological advancements come investment booms. One of the first technology-driven investment booms in America was the railroad boom of the 1880s. At the time, the U.S. economy was undergoing rapid industrialization, with westward expansion creating demand for transportation. Investors believed railroads would…

  October 13, 2025 - Benjamin Graham’s 1949 book, The Intelligent Investor, is widely regarded as the foundational text of value investing and is one of the most influential books ever written on investing philosophy. In the book, Graham guides investors to view securities as fractional ownership…

  September 14, 2025 - The "Roaring Twenties" represented a period of rapid industrial growth around one hundred years ago, underpinned by the development and adoption of life-changing technological innovations including automobiles, radios, and electricity. Between 1921 and 1929, the U.S. stock market, as measured by the Dow…

August 16, 2025 - "I like the stock," Keith Gill proclaimed, as he defended himself in a virtual hearing in front of the House Committee on Financial Services. The time was February 2021, the peak of the meme stock craze, and Gill, aka Roaring Kitty, was in the limelight as…

July 12, 2025 - Since the onset of the COVID-19 pandemic, retail investors have become a significant presence in the stock market. Over the past five years, trading flows have increased 400% among 18-25 year-olds, while flows from lower-income households (below $35,000) rose nearly 450%. In the…

June 15, 2025 - Volatility can be a gift and a curse for investors. When investors discuss volatility, they typically refer to downward volatility - no one gets upset when they are rapidly making money. From an allocator's perspective, volatility is viewed as a negative characteristic, as it serves as a…

May 11, 2025 - Formative months in the market have a way of searing themselves into the minds of investors. October 1987. October 2008. March 2020. And now, April 2025. The Liberation Day tariffs (alternatively known as "obliteration day" or the "rose garden massacre" for those…

April 13, 2025 - We do not often hear from former Treasury Secretaries, but when we do, our ears perk up - particularly if it is to criticize economic policy. In an interview last week, former U.S. Treasury Secretary Janet Yellen blasted President Trump’s trade policy, calling the 'Liberation…