Author: Mike Shell
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Are Leveraged ETFs Driving Market Volatility?
Believe it or not, there are some people involved in the investment industry who are against Exchange Traded Funds (ETFs). ETFs provide transparent exposure to a wide range of global markets at a low cost.… Read More
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Here be dragons!
“Here be dragons” means dangerous or unexplored territories, in imitation of the medieval practice of putting dragons, sea serpents and other mythological creatures in uncharted areas of maps. Most people fully accept paranormal and pseudoscientific… Read More
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What is an Independent Thinker?
I originally wrote this is a few years ago on another forum. It’s a concept that is so important to understand I wanted to share it here. The term “Independent Thinker” comes up in conversations… Read More
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Learning isn’t the same as being taught
I think an independent thinker learns what he or she wants to know, while others must be taught. For example, the most intelligent humans are those who didn’t need someone to teach them formally, they… Read More
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How did the market do this week?
Which market? Were you long or short it? And, was your time horizon just a week? Source: FINVIZ Read More
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Fear is the Current Return Driver
As I said in “Investor Sentiment is Bearish“, I’ll point out my observations about investor sentiment when it gets to an extreme and asymmetrically skewed to fear or greed. I pointed out the most recent AAII… Read More
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Investor Sentiment is Bearish
I will point out observations of investor sentiment when it gets asymmetric: tilted to one extreme or another. In doing so, we’ll see how investors tend to oscillate between the fear of missing out and… Read More
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What is a Hedge Fund? Hedge Funds 101
A hedge fund is really just a structure for running an investment program. It’s a business structure, usually a Limited Partnership, that operates like a business. It’s a “private investment partnership”. Its business is investing… Read More
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Interest Rate Trend
In Interest Rates are Trending Up, Bonds Investors Feeling the Pain we looked at the trend in interest rates and bond prices going back 15 years. For a more macro view of just how low interest… Read More
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How’s the market doing?
At lunch someone asked me “How’s the market doing this month?” Which market? And, why does a month matter? He probably meant the “stock market” because that’s what people know about, but there are many… Read More