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Peter`s Uncertainty Principle 10/01/2004: Money Magazine Peter Bernstein may know more about investing than anyone alive. And the most important thing he knows is this: He has no idea what the future will bring. http://money.cnn.com/2004/10/11/markets/benstein_bonus_0411/index.htm; http://www.jasonzweig.com/uploads/11.04PBernstein1.pdf; http://www.jasonzweig.com/uploads/11.04PBernstein2.pdf
Tie me down and make me rich 05/22/2004: Money Magazine Investing on autopilot is a powerful way to build wealth. So why is it so hard to persuade people to do it? http://money.cnn.com/2004/04/22/funds/funds_automatic_0405/index.htm; http://www.jasonzweig.com/uploads/5.04DollarCostAvg.pdf
The Election Effect? 03/01/2004: TIME Magazine History says that stocks tend to rally as elections near. But don`t bet on it. http://www.time.com/time/magazine/article/0,9171,1101040308-596158,00.html
The Rip Van Winkle portfolio 03/19/2004: Money Magazine Is it possible to invest so reliably that you won`t have to change anything for 20 years? It`s worth a try. http://money.cnn.com/2004/02/19/retirement/freeintro_20yearportfolio_0403/i...; http://www.jasonzweig.com/uploads/3.04RipVanWinkle.pdf
New Cause for Caution on Stocks 05/01/2002: TIME Magazine Fresh research challenges the historical rate of return on equities. Look to bonds for more balance. http://www.time.com/time/magazine/article/0,9171,1101020506-234145,00.html
Online chat at Morningstar.com 03/01/2002: www.morningstar.com Among other things, Jason discusses investment risk, diversification, index funds, market timing, and how the mutual fund industry should get its act together. (Note: free registration required.) http://news.morningstar.com/doc/article/0,1,13727,00.html
What\'s Eating You 12/01/2001: Money Magazine, Vol. 30 No. 13 Special Double Issue How to cope with investing risk after September 11th, when everything seems uncertain. http://money.cnn.com/best/magazine_archive/2001/12/FUN.html; http://www.jasonzweig.com/uploads/12.01Risk1.pdf; http://www.jasonzweig.com/uploads/12.01Risk2.pdf
The Aftermath of September 11th: Endurance and Optimism in the Culture and History of Wall Street 11/01/2001: Museum of American Financial History In this panel discussion sponsored by the Museum of American Financial History and moderated by Myron Kandel of CNN, Jason puts the trauma of terror in a historical and psychological context. Hint: the people who said “Everything has changed” were wrong. http://www.financialhistory.org/nov15trans.htm
What can we learn from history? 09/21/2001: www.cnn.com and Money Magazine In the wake of September 11th, history holds an important lesson: Disasters don`t have a lasting impact on stocks. http://money.cnn.com/2001/09/21/investing/zweig/index.htm; http://www.jasonzweig.com/uploads/11.01Disaster.pdf
“I don't know, I don't care” 08/29/2001: 4:44 p.m. ET Indexing lets you say those magic words. http://money.cnn.com/2001/08/29/investing/Zweig/index.htm
Wall Street\'s Wisest Man 06/01/2001: Money Magazine, Vol. 30 No. 6 Getting rich off stocks is simple, says Charles Ellis. Here\'s how. http://money.cnn.com/best/magazine_archive/2001/06/FUN.html; http://www.jasonzweig.com/uploads/6.01Ellis.pdf
Reading Them For The Right Reasons 06/01/2001: Money Magazine, Vol. 30 No. 6 MONEY's Jason Zweig thinks you'd be nuts not to read Jeremy Siegel's and Robert Shiller's stock market books. But he thinks you'd be even nuttier to take their every word as gospel. http://money.cnn.com/best/magazine_archive/2001/06/books.html
A Matter of Expectations 01/01/2001: Money Magazine, Vol. 30 No. 1 Special Forecast Issue How much will stocks return in the future? Even forecasts that don\'t pan out have lessons for investors. http://money.cnn.com/best/magazine_archive/2001/01/FUN.html; http://www.jasonzweig.com/uploads/1.01Expectations.pdf
New Year\'s Play 12/01/2000: Money Magazine, Vol. 29 No. 13 Special Double Issue Can you make big bucks on small stocks by buying in December? http://money.cnn.com/best/magazine_archive/2000/12/FUN.html; http://www.jasonzweig.com/uploads/12.00JanEffect.pdf
The Best Investor You\'ve Never Heard Of 06/01/2000: Money Magazine, Vol. 29 No. 6 From A Nondescript Apartment In Des Moines, Joseph Rosenfield--A Longtime Pal Of Warren Buffett-- Has Turned $11 Million Into $1 Billion. Who Is He, And How Did He Do It? http://money.cnn.com/best/magazine_archive/2000/06/IOW.html; http://www.jasonzweig.com/uploads/6.00JoeRosenfield1.pdf; http://www.jasonzweig.com/uploads/6.00JoeRosenfield2.pdf
Prodigal son 05/08/2000: money.com Many investors have strayed in search of tech-sized returns, but repentant sinners can get back on the true path. (See also August 1, 2000.) http://robots.cnnfn.com/2000/05/08/mailbag/mailbag/index.htm
Do health-care funds make sense? 03/10/2000: money.com Depends who you ask--but if it's a financial journalist, think twice. http://robots.cnnfn.com/2000/03/10/mailbag/mailbag/index.htm
Questioning your faith 03/02/2000: money.com Should you abandon those once-great value funds? http://robots.cnnfn.com/2000/03/02/mailbag/mailbag/index.htm
Do the Experts Get the Future Right? Does Anybody? 02/01/2000: Money Magazine, Vol. 29 No. 2 Before you put all your money in that tech fund, consider how far off our expectations have been over the past decade. Jason Zweig With additional reporting by Erica Garcia http://money.cnn.com/best/magazine_archive/2000/02/fun.html; http://www.jasonzweig.com/uploads/2.00DoExperts.pdf
Diversification overrated? Not a chance 01/26/2000: money.com Jason takes issue with an article in Worth Magazine questioning the value of diversifying your investments. http://robots.cnnfn.com/2000/01/26/mailbag/mailbag/index.htm
Tying yourself to the mast 12/14/1999: money.com As the market gets more and more volatile, Jason gives practical tips on how to avoid the often-irresistible call of panic buying and selling. http://robots.cnnfn.com/1999/12/14/mailbag/mailbag/index.htm
All dressed up and no place to invest 10/07/1999: money.com Jason advises a reader who's managed to save a lot of money, but doesn't know where to invest it. http://robots.cnnfn.com/1999/10/07/mailbag/mailbag/index.htm
Selling into Y2K 09/29/1999: money.com Should you sell your stocks to sidestep a possible Y2K computer meltdown? Some advice for the panic-stricken. http://robots.cnnfn.com/1999/09/29/mailbag/mailbag/index.htm
A Short Primer 09/03/1999: money.com If you absolutely, positively have to short the market, Jason shows you how. http://robots.cnnfn.com/1999/09/03/mailbag/mailbag/index.htm
“Expert Q&A” 08/01/1999: morningstar.com In this online chat, Jason fields questions from Morningstar users about everything from stock-picking “systems” to index funds, how and why to use a broker, investing in corporate bankruptcies, saving for college, the fine points of bond funds, and the ethics of financial journalism. [Conversation 676: in the “Jump to #” box, enter 676] http://socialize.morningstar.com/NewSocialize/asp/fullconv.asp
Don\'t Sell Value Short 06/01/1999: Money Magazine, Vol. 28 No. 6 Special Issue The MONEY 100 How would you like to be a highly intelligent, experienced, skilled professional--and come in to work every day and have somebody tell you that you\'re a moron? http://money.cnn.com/best/magazine_archive/1999/06/mon06d_f.html; http://www.jasonzweig.com/uploads/6.99Value.pdf
Baloney.com 05/01/1999: Money Magazine, Vol. 29 No. 5 Don\'t believe the hype about Internet stocks and funds. http://money.cnn.com/best/magazine_archive/1999/05/fnd05_fi.html; http://www.jasonzweig.com/uploads/5.99Baloney.com1.pdf; http://www.jasonzweig.com/uploads/5.99Baloney.com2.pdf
Public Radio's "Marketplace" 02/01/1998: “Marketplace” An interview with David Brancaccio of Public Radio’s “Marketplace” on stock-market volatility and the importance of patience. http://marketplace.publicradio.org/shows/1998/02/10_mpp.html
Staying the course through a crash 10/01/1997: Public Radio’s “Marketplace” On a day when the Dow Jones Industrial Average falls more than 554 points, Jason discusses how investors can stay focused on their goals. The transcript of this interview with Eric Roy of Public Radio’s “Marketplace” is available here (go to 1997 and click on October 27 – but note: this page loads very sloooooooooooooooooowly): http://marketplace.publicradio.org/shows/index_archive.html
The crash of 1987: a decade later 10/01/1997: Public Radio’s “Marketplace” On the tenth anniversary of the Crash of 1987, Jason talks with David Brancaccio of Public Radio’s “Marketplace” about investing for the long term in nervous markets. Transcript available here: http://marketplace.publicradio.org/shows/1997/10/23_mpp.html
The trouble with timing 12/01/2003: Money Magazine We\'re always told to buy low and sell high. Sounds simple and it makes sense. So why is such an easy rule so hard to follow? (Note: Full online access to this article is available only to MONEY Magazine subscribers.) http://premium.money.cnn.com/pr/subs/magazine_archive/2003/12/INT-01.html; http://www.jasonzweig.com/uploads/12.03TroubleTiming.pdf
The Hottest Funds Are Too Big for Their Britches 04/01/1996: Money Magazine Ballooning mutual funds are great for the folks who run them, but they may be a bust for you. This article is an early look at the problem of how bigger funds produce smaller returns. http://money.cnn.com/magazines/moneymag/moneymag_archive/1996/04/01/211179/...; http://www.jasonzweig.com/uploads/4.96AssetElephantiasis1.pdf; http://www.jasonzweig.com/uploads/4.96AssetElephantiasis2.pdf; http://www.jasonzweig.com/uploads/4.96AssetElephantiasis3.pdf
When to Take a Wild Ride on a New Fund Rocket 07/01/1996: Money Magazine Brand-new funds often go straight to the moon -- or crash. This is a guide on what you need to know before blasting off on one of them. http://money.cnn.com/magazines/moneymag/moneymag_archive/1996/07/01/214172/...; http://www.jasonzweig.com/uploads/7.96NewFunds1.pdf; http://www.jasonzweig.com/uploads/7.96NewFunds2.pdf
Which Funds Are Too Hot 08/01/1996: Money Magazine A look at why so-called hot funds so often end up going cold. http://money.cnn.com/magazines/moneymag/moneymag_archive/1996/08/01/215474/...; http://www.jasonzweig.com/uploads/8.96FundsOnFire1.pdf; http://www.jasonzweig.com/uploads/8.96FundsOnFire2.pdf; http://www.jasonzweig.com/uploads/8.96FundsOnFire3.pdf
How to Find Substitutes for Some Old Favorites 09/01/1996: Money Magazine A guide to searching for a new place for your money when one fund closes or a manager jumps ship. http://money.cnn.com/magazines/moneymag/moneymag_archive/1996/09/01/216111/...
How You Can Avoid the Worst Year-End Mutual Fund Mistake: Giving Uncle Sam a Handout 11/01/1996: Money Magazine Tips on steering clear of big mutual-fund tax bills at the end of the year. http://money.cnn.com/magazines/moneymag/moneymag_archive/1996/11/01/204008/...; http://www.jasonzweig.com/uploads/11.96BuyDividend.pdf
Funds that Really Make Money for Their Investors 04/01/1997: Money Magazine An exploration of one of the most puzzling gaps in the investing world: why mutual fund investors make less money than the mutual funds they own. http://money.cnn.com/magazines/moneymag/moneymag_archive/1997/04/01/224322/...; http://www.jasonzweig.com/uploads/4.97InvestorReturns1.pdf; http://www.jasonzweig.com/uploads/4.97InvestorReturns2.pdf; http://www.jasonzweig.com/uploads/4.97InvestorReturns3.pdf
Learn from the Big Bad Bear 05/01/1997: Money Magazine Lessons from veteran investors who survived the crash of 1973-1974. http://money.cnn.com/magazines/moneymag/moneymag_archive/1997/05/01/225653/...
Will Index Funds Blow up on You? 09/01/1997: Money Magazine A look at the arguments against indexing, and why they do not hold water. http://www.jasonzweig.com/uploads/9.97IndexFunds.pdf
Watch out for the Year-End Fund Flimflam 11/01/1997: Money Magazine How do mutual fund managers so often manage to beat the market on the last day of the year? A look at the dirty little secret called windowdressing. http://money.cnn.com/magazines/moneymag/moneymag_archive/1997/11/01/233104/...; http://www.jasonzweig.com/uploads/11.97Windowdressing.pdf
Is That New Fund a Hard-Boiled Survivor -- Or Humpty-Dumpty? 12/01/1997: Money Magazine How to tell if a newly-hatched mutual fund is naturally good or has been warmed up by incubation. http://money.cnn.com/magazines/moneymag/moneymag_archive/1997/12/01/234648/...
Proof that Chasing Hot Funds Will Make You Dizzy, Not Rich 05/01/1998: Money Magazine New research shows that the more fund investors move their money around, the less of it they have in the end. http://money.cnn.com/magazines/moneymag/moneymag_archive/1998/05/01/241536/...; http://www.jasonzweig.com/uploads/5.98HotFunds.pdf
Tax Angles for Fund Investors 11/01/1998: Money Magazine Act now to lock in the losses and duck the distributions: a year-end guide. http://money.cnn.com/magazines/moneymag/moneymag_archive/1998/11/01/250370/...
Invest Globally -- Still 12/01/1998: Money Magazine Sure, the numbers are scary, but staying home is risky too. Why everyone should own an international fund. http://money.cnn.com/magazines/moneymag/moneymag_archive/1998/12/01/251931/...; http://www.jasonzweig.com/uploads/12.98GoGlobal.pdf
Performance Peek-a-Boo 12/01/1998: Money Magazine The BlackRock GNMA Fund shows how Wall Street conjures up mutual fund performance out of thin air. http://www.jasonzweig.com/uploads/12.98PerformancePeekaboo.pdf
Why the January Effect Is Just Slush 01/01/2007: Money Magazine The idea that small stocks beat big ones in January melts away once you examine it closely. http://money.cnn.com/2006/12/18/magazines/moneymag/zweig_janeffect.moneymag...; http://www.jasonzweig.com/uploads/1.07JanEffect.pdf
Mr. Worst-Case Scenario 05/01/2007: Money Magazine Robert Shiller called the tech stock crash just as NASDAQ peaked. Where does he think the real estate market is headed now? Uh-oh. http://money.cnn.com/2007/04/09/real_estate/shiller.moneymag/index.htm; http://www.jasonzweig.com/uploads/5.07Shiller.pdf
Markets Where Only Fools Rush In 08/01/2007: Money Magazine Why emerging markets are not a `no-brainer.` http://money.cnn.com/2007/07/24/pf/funds/emergingmarkets.moneymag/index.htm; http://www.jasonzweig.com/uploads/8.07EmergingMkts.pdf
How to Lose $9 Trillion in a Bull Market 12/01/2007: Money Magazine That`s what bad timing cost investors over the past 25 years. But you can learn to avoid a similar fate. http://www.jasonzweig.com/uploads/12.07MissingTrillions.pdf; http://money.cnn.com/2007/11/29/pf/bull_market_timing.moneymag/index.htm?p...
Why to Steer Clear of the New Gold Rush 04/01/2008: Money Magazine Stampeding into commodities right now is one of the stupidest things an investor could do. http://www.jasonzweig.com/uploads/4.08Commodities.pdf
Stop Worrying, and Learn to Love the Bear 07/12/2008: The Wall Street Journal The upside of down markets http://online.wsj.com/article/SB121582067258747665.html
Psyching Yourself up to Let Losers Go 08/23/2008: The Wall Street Journal When you buy and hold, you don`t have to use a death grip http://online.wsj.com/article/SB121944445208164839.html
If You Bet on the Election, Don`t Use Real Money 09/06/2008: The Wall Street Journal Is there anything to the ``Presidential Cycle``? http://interactive.wsj.com/article/SB122065839024405687.html?mod=Markets27_...
Of Market Knights and Fairy Tales 09/20/2008: The Wall Street Journal Stocks are not about to have a magical recovery. http://online.wsj.com/article/SB122186784815658973.html?mod=yahoo_free
The Depression of 2008? Don’t Count on It 09/30/2008: The Wall Street Journal Will this recession get as bad as the Great Depression? That would be very bad. http://online.wsj.com/article/SB122272238714287459.html
Summon Your Courage and Buy Stocks 10/04/2008: The Wall Street Journal Investors should remember that when current prices go down, future returns go up. http://online.wsj.com/article/SB122308219778104291.html
What History Tells Us About the Market 10/11/2008: The Wall Street Journal An essay for the Weekend section of The Wall Street Journal on the real -- and illusory -- parallels between 2008 and 1932. http://online.wsj.com/article/SB122368241652024977.html
Capitulation: When the Market Throws in the Towel 10/25/2008: The Wall Street Journal What is market ``capitulation``? Does it make sense? Does it even exist? http://online.wsj.com/article/SB122488709542968173.html
Joe Investor, the Markets Are All Yours Now 11/15/2008: The Wall Street Journal The `smart money` has turned tail and run away, creating value for anyone with cash and courage. http://online.wsj.com/article/SB122671161003230223.html
1931 and 2008: Will Market History Repeat Itself? 11/22/2008: The Wall Street Journal Where is the bottom? Should you bail out before it is too late? http://online.wsj.com/article/SB122731594413349829.html
Pay Attention to That Window Behind the Curtain 12/20/2008: The Wall Street Journal A look at the perennial problem of year-end `windowdressing` by fund managers. http://online.wsj.com/article/SB122973369481523187.html
Why Market Forecasts Keep Missing the Mark 01/24/2009: The Wall Street Journal How just ten days out of 29,694 made all the difference, and why the prophets of doom don`t often profit. http://online.wsj.com/article/SB123275782424412007.html
What’s Under the “Emerging” Curtain 07/25/2009: The Wall Street Journal Emerging markets are hot. Will they stay hot? http://online.wsj.com/article/SB124846985120879989.html
Why Investors Need to See the Light and Slow Down 08/29/2009: The Wall Street Journal After one of the biggest market rallies in history, now is no time to get more aggressive. http://online.wsj.com/article/SB125149410400267863.html
Can the Dow Go Lower? I Hope So 11/20/2008: The Wall Street Journal Online A blog post on why investors should welcome, rather than fear, a further market decline. http://blogs.wsj.com/wallet/2008/11/20/can-the-dow-go-lower-i-hope-so/
Has the Pessimism Gone Too Far? 11/26/2008: The Wall Street Journal Online A blog post that looks at the bear market in historical perspective. http://blogs.wsj.com/wallet/2008/11/26/give-thanks-for-this/
Don`t Trip in Your Search for Higher Bond Yields 09/19/2009: The Wall Street Journal How to avoid the coming trouble in bond funds. http://online.wsj.com/article/SB125330719871723837.html
Is Buy and Hold Dead? 10/22/2009: Morningstar An interview with Morningstar`s Christine Benz. http://news.morningstar.com/articlenet/article.aspx?id=312390&t1=1257558702
Are ETFs Causing an Emerging-Markets Bubble? 11/07/2009: The Wall Street Journal Is too much ``mindless money`` inflating the prices of stocks in the developing world? http://online.wsj.com/article/SB125754825097734691.html
Drought of Credit Hampers Recovery 10/09/2009: The Wall Street Journal A Page One news story (with Tom Lauricella and Conor Dougherty) on how hard it has become for businesses and consumers to manage their debts and to obtain new capital. http://online.wsj.com/article/SB125494200332471373.html
Tech Companies Won, Investors Lost
03/10/2010: The Wall Street Journal Ten years on, the lesson of the Internet bubble: Uncertainty is good. http://online.wsj.com/article/SB10001424052748704145904575111952082691926.h...
Time to Take Stock of the Recent Market Rallies 04/03/2010: The Wall Street Journal When stocks go up, your enthusiasm needs to go down.
http://online.wsj.com/article/SB10001424052702304871704575160190948059722.h...
The 11-Year Itch: Still Stuck at Dow 10000 06/12/2010: The Wall Street Journal Could the long slog of the stock market turn out to be a replay of 1966 through 1982? http://online.wsj.com/article/SB10001424052748704463504575300693236099872.h...
The Demise of the IPO -- and Some Ideas on How to Revive It 06/25/2010: The Wall Street Journal Where have all the initial public offerings of stock gone? http://online.wsj.com/article/SB10001424052748704569204575328784069347058.h...
Hazardous Waters: Should Investors Bet on Rising Risk? 07/03/2010: The Wall Street Journal Trying to make money off volatility is all the rage -- a likely sign that volatility is about to wane. http://online.wsj.com/article/SB10001424052748704699604575342911446889540.h...
Unlikely Superstar: How a Forgotten Fund Got Hot in a Hurry 09/18/2010: The Wall Street Journal The meteoric rise of the Permanent Portfolio says more about investors than about investments. http://online.wsj.com/article/SB10001424052748704858304575497662644720960.h...
Why Your Stock Portfolio Is Acting Like a Commodity Basket 11/20/2010: The Wall Street Journal What makes common stocks behave like sugar and crude oil? http://online.wsj.com/article/SB10001424052748703531504575624702180462406.h...
Will Small Investors Ever Warm Up to Stocks Again? 01/22/2011: The Wall Street Journal A look at what it might take to get individual investors back into the stock market. http://online.wsj.com/article/SB10001424052748704115404576096060508814434.h...
How Now, 36,000 Dow? The Ominous Undertone of Rallies 02/12/2011: The Wall Street Journal The folks who brought us``Dow 36,000`` at the peak of the last bull market now warn of a bear market. http://online.wsj.com/article/SB10001424052748704329104576138271281667798.h...
Once Bitten, Twice Bold: Look Who`s Buying Stocks Now 02/26/2011: The Wall Street Journal Meet the sheepish bulls: people who got out of the stock market when it crashed and who are tiptoeing back in after it has risen. http://online.wsj.com/article/SB10001424052748704692904576166290382532296.h...
Stocks Are Cheaper, But They Aren`t Cheap 08/06/2011: The Wall Street Journal Fear is the best fertilizer for future bull markets. http://online.wsj.com/article/SB10001424053111903885604576490351626676830.h...
Gold Even Reigns on the Stock Market 08/23/2011: The Wall Street Journal A brief shining moment: SPDR Gold Shares (GLD) becomes the world`s largest exchange-traded fund. http://online.wsj.com/article/SB10001424053111904279004576524890803937206.h...
Why Buying on the Dips Isn`t All It`s Cracked Up to Be 09/24/2011: The Wall Street Journal How easy is it to come out ahead by buying stocks whenever the market drops? http://online.wsj.com/article/SB10001424053111904563904576589134168081092.h...
Shareholders, Don`t Buy In to Buybacks 10/01/2011: The Wall Street Journal Share-repurchase programs sound like a great idea, but many destroy value instead of adding it. http://online.wsj.com/article/SB10001424052970203405504576603124202273828.h...
If It Looks Like a Bear... 10/08/2011: The Wall Street Journal Who says a 20% market decline is the definition of a bear market? http://online.wsj.com/article/SB10001424052970204294504576617271308863848.h...
The Extraordinary Popular Delusion of Bubble Spotting 11/05/2011: The Wall Street Journal It turns out the author of `Extraordinary Popular Delusions and the Madness of Crowds`was an apologist for a bubble that unfolded before his very eyes. http://online.wsj.com/article/SB10001424052970204621904577017960729384948.h...
Dow 1,339,410: The Latest Milestone 03/03/2012: The Wall Street Journal As the Dow Jones Industrial Average passes 13000, a closer look at what the levels of stock indexes mean. http://online.wsj.com/article/SB10001424052970204571404577257373285657442.h...
When Will Retail Investors Call It Quits? 08/02/2012: The Wall Street Journal The latest trading glitch drives another nail into the coffin of many individual investors` enthusiasm for stocks. http://online.wsj.com/article/SB10000872396390443545504577563511537138938.h...
Super Bowl Indicator: The Secret History 01/28/2011:WSJ Online: MarketBeat blog Every January, market forecasters trot out the Super Bowl Indicator again, pretending that it has predictive power. Don`t any of them know it was deliberately conceived as a farce? http://blogs.wsj.com/marketbeat/2011/01/28/super-bowl-indicator-the-secret-...
For Muni Investors, November May Be a No-No 11/04/2011: WSJ Online: Total Return blog Research suggests that municipal bonds tend to be unduly cheap in November and December. http://blogs.wsj.com/totalreturn/2011/11/04/for-muni-investors-november-may...
Why There Has Never Been a Better Time to Be an Investor 03/01/2012: WSJ Online: Total Return blog The first stock I ever bought, and what the stock market of 1976 tells us about today. http://blogs.wsj.com/totalreturn/2012/03/01/has-there-ever-been-a-better-ti...
Housing Recovery? Not So Fast 06/20/2012: WSJ Online: Total Return blog How sure should we be that the real-estate market has turned the corner? http://blogs.wsj.com/totalreturn/2012/06/20/housing-recovery-not-so-fast/
The Flash Glitch and the Long-Term Investor 08/02/2012: WSJ Online: Total Return blog How much does -- and should -- the latest disturbance from high-frequency trading bother investors? http://blogs.wsj.com/totalreturn/2012/08/02/the-flash-glitch-and-the-long-t...
When Will the Retail Investor Call It Quits? (Again) 08/23/2012: WSJ Online: Total Return blog How much do short-term trading difficulties matter to long-term investors? http://blogs.wsj.com/totalreturn/2012/08/23/when-will-the-retail-investor-c...
Are Retail Investors `Fleeing` Stocks? 08/27/2012: WSJ Online: Total Return blog Not exactly. http://blogs.wsj.com/totalreturn/2012/08/27/are-retail-investors-fleeing-st...
Are Debtors` Prisons Coming Back? 08/28/2012: WSJ Online: Total Return blog A look back at the history of punishment for delinquent borrowers. http://blogs.wsj.com/totalreturn/2012/08/28/are-debtors-prisons-coming-back...
There`s Nothing New Under the Sun 10/02/2012: WSJ Online: Total Return blog The financial crisis of 2008-2009, or the financial crisis of 1890? http://blogs.wsj.com/totalreturn/2012/10/02/theres-nothing-new-under-the-su...
Putting the Bear Market into Perspective 03/06/2009: WSJ Online: The Wallet How bad is this decline in stock prices? Very bad. But that doesn\'t mean you shouldn`t buy. http://blogs.wsj.com/wallet/2009/03/06/putting-the-bear-market-into-perspec...
Friday the 13th Phobia? For Investors, It`s Usually a Good Day 02/13/2009: WSJ Online: The Wallet Superstitions aside, what do the data show? http://blogs.wsj.com/wallet/2009/02/13/friday-the-13th-phobia-and-investin/
Gold: Do We Hear `36,000`? 10/24/2012: WSJ Online: Total Return blog A new book calls for gold to hit $10,000 an ounce. Does that sound familiar? http://blogs.wsj.com/totalreturn/2012/10/24/gold-do-we-hear-36000/
In a Low-Rate World, Everything Is a Real-Estate Play 10/27/2012: The Wall Street Journal Real-estate investment trusts are hot, and just about everything imaginable is turning into a REIT. http://jasonzweig.com/online.wsj.com/article/SB10001424052970204005004578080882499199060.html
Why Buy and Hold Feels Dead 11/07/2012: WSJ Online: Total Return blog Why, when a patient approach to diversification has worked well, do so many people think it has failed? http://blogs.wsj.com/totalreturn/2012/11/07/why-buy-and-hold-feels-dead/
Why Buy and Hold Is Still Gold 11/06/2012: WSJ Online: Total Return blog A look at the leaky logic that underlies some of the beliefs about `tactical` allocation. http://blogs.wsj.com/totalreturn/2012/11/06/why-buy-and-hold-is-still-gold/
How Practical Is `Tactical`? 11/03/2012: The Wall Street Journal `Tactical Asset Allocation` funds are being promoted as the cure for market crashes. Look before you leap. http://online.wsj.com/article/SB10001424052970204707104578095052760641218.h...
Buffett Is Out Of Step 05/07/2012: The Wall Street Journal What does the underperformance of Berkshire Hathaway say about the financial markets? http://online.wsj.com/article/SB10001424052702304020104577386402893189014.h...
Winning It by Trimming It 11/10/2012: The Wall Street Journal With the stock market up so sharply, it pays to rebalance systematically. http://online.wsj.com/article/SB10001424127887324073504578108963196064662.h...
No Easy Money in Munis 12/01/2012: The Wall Street Journal A flood of money fleeing higher tax rates has driven up the prices of municipal bonds. http://online.wsj.com/article/SB10001424127887324020804578151410698929272.h...
Fund Managers Lift Results With Timely Trading Sprees 12/06/2012: The Wall Street Journal A Page One analysis of the practice of window-dressing or marking the close, by which portfolio managers drive up stock prices just before the end of a quarter. (With Tom McGinty.) http://online.wsj.com/article/SB10001424127887324205404578147190736344284.h...
U.S. Stocks: Look Out Below? 12/15/2012: The Wall Street Journal Economist Robert Gordon argues that the U.S. economy is doomed to a future of slow growth. Is he right? http://online.wsj.com/article/SB10001424127887324296604578179470910812286.h... Berkshire Hathaway shareholder letters
Link to Warren Buffett's annual letters to shareholders, 1977 to date. If you want to learn how to think logically and clearly about all the issues that confront investors -- from inflation to stock options to diversification to index funds to the true meaning of risk -- Buffett's brilliant letters are the first (and often the final) word. He will never steer you wrong, and the learning is free and without obligation. http://www.berkshirehathaway.com/letters/letters.html
Efficient Frontier
Link to William J. Bernstein's "Efficient Frontier" online newsletter, where he serves up opinion that is, at one and the same time, both biting and mathematically rigorous, both challenging and fun to read. Full of righteous anger at the knaves and nincompoops who dish out most financial advice, Bernstein is an invigorating breath of fresh air. http://www.efficientfrontier.com/
Bogle Financial Markets Research Center
This site, featuring John C. Bogle's speeches and research papers, enables you to keep up with the latest thinking of the founder of the Vanguard Group. Jack Bogle is probably the best friend the individual investor has ever had, and the materials archived here are rich with insights into how the money management business really works and how you can take control of your own financial destiny. http://www.vanguard.com/bogle_site/bogle_home.html 
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