With the newly announced $100 billion share repurchase program, it’s clear that Apple is running out of ideas. Orrrrr maybe they’re just being responsible stewards of capital. Buybacks have a negative stigma, even though Econompically speaking, they’re actually equivalent. But people hear buybacks and think of Cisco in the 90s and other easily available examples as…
May 2018
Animal Spirits: Micro Bubbles
Stories Discussed Demographics is destiny Retirement is going to be tough But things are getting better It’s a bubble. So what. Wait. What is a bubble? The tech takedown Amazon’s cash flow Amazon is worth $1,019 a share. The most brilliant investor ever. Listen here Charts mentioned Tweets mentioned Going back to 1896, the Dow…
The Cost of Waiting
Baby Boomers did not do a great job preparing for their future. The median retirement account balance for people ages 56-61 is just $25,000. This could have been accomplished by contributing just $6 a month into a 60/40 portfolio (since 1980). Ask somebody whether they would prefer $100 today or $500 in twenty years, most…