Are You Underestimating the Risk in Stocks?

Do you underestimate risk? Most people seem to think you, and even most experts, do. Research the phrase on the internet, and the headlines leap off the screen. According to the stories, we underestimate women’s risk of having a heart attack, risks to our health from...

One Way to Beat the Market

Reading Edward Thorp’s 1967 book “Beat the Market” in the summer of 1968 changed my life. I had picked the book up as a summer read while home from college. I was intrigued. Years before, I had read a Life magazine account of how Professor Thorp had created the system...

A “Summer of Fear” for Stocks?

Last week, guest columnist, David Wismer, editor of Proactive Advisor Magazine, took us back in time to the “Summer of Love” that kicked off 50 years ago. It was a time of drugs, music, and a freedom from authority and responsibility that still echoes through the...