Category Archives: Diary

My Favorite Passive/Aggressive Portfolio

What if you want to be a little more aggressive with your investment strategy, say twice as aggressive? What if markets don’t deliver any year-on-year change from here? Then you need a little more pizzazz in your portfolio, and some extra leverage to earn your crust of bread and secure your retirement. It turns out […]

Where’s This Market Bottom?

After Monday’s 1,200-point swoon, the S&P 500 (SPY) has fallen 20.88% from its February peak. And we may still have a “Sell in May” ahead of us. This was one of the most overbought stock markets in my career. I have to think back to the March 2000 Dotcom Top and the Tokyo bubble in […]

The One Safe Place in Real Estate

I feel obliged to reveal one corner of this time of great turmoil that might actually make sense. By 2050, the population of California will soar from 40 million to 50 million, and that of the US from 340 million to 400 million, according to data released by the US Census Bureau and the CIA […]

The Government’s War on Money

When I lived as a student in West Berlin during the 1960s, I had a nice little side business. I organized weekend walking tours through the Berlin Wall at Checkpoint Charlie to visit East Berlin for American students who were too afraid to go alone. To pay for it, I smuggled in my boots lots […]