Monday, March 17, 2025

News and Ideas Worth Sharing

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Celebrating Irish culture through music and dance at Pittsfield City Hall

This program was part of a welcoming and gift exchange with a contingent from Ballina, Ireland, including Ballina Mayor Michael Loftus, and is one many performances these special young dancers have scheduled.

CAPITAL IDEAS: Just give me a reason

The vibe, after a decade of stock market gains, feels less like technical confirmation of fundamental research and more like that melt-up I’ve been talking about.

CAPITAL IDEAS: Investors have a lot to be thankful for

Not that we can ever rely on one indicator, but those historical instances of outperformance suggest that we haven’t yet seen too much of a good thing.

CAPITAL IDEAS: Smarter than the average bear

Overconfidence leads investors to believe that they will be one of the few who succeed. It turns out that people who trade the most, presumably due to misplaced confidence, produce the lowest returns.

CAPITAL IDEAS: Click here for $125

If they do cut rates this afternoon, I’m growing convinced that the Fed will be one-and-done, and there will be an extended pause before we see any new action.

CAPITAL IDEAS: Big data: Where is the ‘smart’ money going?

I say that we financial advisors are “supposed” to be smarter, but I’m not sure how true that is.

CAPITAL IDEAS: Fuel for the fire

The next six months may finally give you the returns you were hoping for. But depending on your level of expectations, I doubt it.

CAPITAL IDEAS: What happens in small-town America

Do you know who gets the worst returns in the stock market? People who buy something because it’s gone up in price and sell something because it’s gone down in price. Time and time again, following the crowd has proven to be the stupidest thing in the world of investing.

CAPITAL IDEAS: A Lannister always spays his pets

Dalton -- First off, there are no spoilers ahead for the season finale of Game of Thrones. I wrote this before it was aired. There...

CAPITAL IDEAS: Buffett-stock and China gets rocked

Dalton -- Berkshire Hathaway, the multinational conglomerate headed by famed investor Warren Buffett, held its annual shareholder meeting this past weekend. It’s like Woodstock for...

CAPITAL IDEAS: What is the bond market saying about the stock market?

The average daily volume for high yield bonds has fallen 18 percent from two years ago, and the average daily holdings have dropped 80 percent from five years ago.

CAPITAL IDEAS: You are not going to be OK

My point is that it’s not just about investing—you’ve got to be aware of your mistakes. Humans tend to be overconfident in their skills.
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