Investing
By Josh Katzowitz, WCI Content Director For better or for worse, many medical doctors claw their way into politics. Sometimes, they, like Dr. Bill Frist, become party leaders in the US Senate. Sometimes, they get flambeed by the public after posting…
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great weekend! Quote of the Day "The most toxic relationships aren’t the…
By Dr. James M. Dahle, WCI Founder Solo 401(k)s might be the best retirement account out there, combining all of the best attributes of other tax-protected retirement accounts: Low cost Flexible High contribution limits Broad investment options Roth contribution options Catch-up…
[Editor's Note: With the historic breaking news this week that the federal student loan pause would end, the White Coat Investor's student loan expert has filed a Friday night special report.] By Andrew Paulson, CSLP, Lead Student Loan Consultant and Co-Founder…
Quote of the Day "The comparisons between the AI hype-frenzy and the Dotcom boom are obvious and endless. They’re also largely correct. We’re at the beginning of the story, not the end." (Dave Nadig) Chart of the Day In May, the…
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Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Cathie Wood, and Downtown Josh Brown discuss investing in innovation, AI fact vs fiction, how big Tesla can get, why Ark bought Nvidia in 2014, Zoom vs…
By Joe Dyton, WCI Contributor Most jobs in the medical field come with some level of stress. Regardless of the specialty, a physician has someone’s health—or even life—in their hands at any given time. That thought alone can make the job…
RWM is coming to Austin, TX June 12th-14th‼️ @Downtown with more details⬇️Email us at info@ritholtzwealth.com subject line “Austin” to reserve a meeting slot! pic.twitter.com/9iSdG4HFf3 — Ritholtz Wealth (@RitholtzWealth) May 19, 2023 I’m headed out to Austin, Texas this June and bringing…
Quote of the Day "In the end, it is up to each individual to decide how to deal with the lack of a single source of truth. There is no easy answer." (Conor Mac) Chart of the Day Travel is all…
Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the tyranny of optimization. Quote of the Day "A useful non-fiction book is a map, not the territory. It’s a chance…
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Today, our guest is our friend, James Lange. He is here to talk about his personal experience of having a daughter diagnosed with a disability and then going through the process of making sure she will have the finances in place…
I currently have an opportunity of upgrading homes but am unsure whether it's the right move. Maybe you're going through this dilemma as well and need to talk things through. The house I wanted to buy a year ago failed to…
Quote of the Day "Massive amounts of (venture) capital have distorted the way companies get built." (Kyle Harrison) Chart of the Day The performance of technology and energy stocks have flip-flopped in 2023. (chart via @ycharts) (allstarcharts.com) AI Strategy Energy Twitter…
Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at 14 financial milestones worth celebrating. Quote of the Day "Faith in the capitalist system is a non-negotiable prerequisite for investors…
As we approach the summer, it can be difficult to stay on track with your financial goals. It’s been several months since you made your goals for the year, so it might be time to get reacquainted with them. The good…
× Please contact your Firm's Group AdminIAR CE is only available if your organization contracts with Kitces.com for the credit. Please contact your firm's group administrator to enable this feature. If you do not know who your group administrator is you…
By Dr. James M. Dahle, WCI Founder Long-term readers of this blog know that it has grown into a successful business. About 20 people are writing articles for The White Coat Investor and there are 15 people, many full-time, behind the…
Quote of the Day "Just like the surgeon or business person, the successful trader has to reinvent themselves to find new sources of "edge". (Brett Steenbarger) Chart of the Day Just about everything is underperforming the Nasdaq YTD. (allstarcharts.com) Strategy Crypto…
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at the value of gold as a portfolio hedge. Quote of the Day "Data never sit alone in a vacuum: They’re amassed, interpreted,…
× Please contact your Firm's Group AdminIAR CE is only available if your organization contracts with Kitces.com for the credit. Please contact your firm's group administrator to enable this feature. If you do not know who your group administrator is you…
By David W. Klasing, Guest Writer What happens if your tax return gets audited, and you don’t like the results? Are the results of a tax audit final? While a tax audit appeal is possible, the process is complex. Specific steps…
Okay, it’s up 10,000% since May of 2013 and is now the best performing stock in America during the past decade. Everyone is obsessed. It’s the biggest story in the market this year. Cramer has now named a second family dog…
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at the growing cost and complexity of compliance. Quote of the Day "Nobody chooses an advisor or a firm on…
Hopefully it’s not what you think is your Social Security number, although it’s quite possible that at some point you (or someone you know) did think it was your (or their) correct number. Why is that? It’s a very interesting story…
× Please contact your Firm's Group AdminIAR CE is only available if your organization contracts with Kitces.com for the credit. Please contact your firm's group administrator to enable this feature. If you do not know who your group administrator is you…
Have you ever wondered why wealthy people are more willing to invest in hedge funds, venture capital, venture debt, private equity, and specialty funds? These are all actively-run funds that mostly have a history of underperforming the S&P 500. Yet, billions…
Can you spot what’s wrong in the image below? Please post your answer as a comment.I love this photo, but I don’t like the typo.I post these challenges to raise awareness of the importance of proofreading. Related posts
By Dr. Charles Patterson, WCI Columnist Much ado is made about the ethics of investing. At this point in my career—having taught and discussed personal finance with scores of trainees, physicians, and non-physicians over the years—I am still surprised at the…
Quote of the Day "If all information is energy, excessively closed-minded people literally receive less vitality from the world." (Tom Morgan) Chart of the Day Defensive stocks are struggling of late. (allstarcharts.com) Strategy AI Companies Debt deal Policy Economy Earlier on…
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great weekend! Quote of the Day "Plenty of seemingly good things are…
Eleven years ago this spring, a startup called Betterment published a blog post stating that human financial advisors were obsolete and that the people who work in the advice industry are pigs. The basis of their post was an NBER study…
By Francis Bayes, WCI Columnist This month, I graduated from my MD/PhD combined-degree program. Earlier this year, I matched to a psychiatry research track residency in a high-cost-of-living area on the West Coast. I will start residency without any debt from…
Have you ever wondered what it would be like to retire in a cabin in the woods? My dad did it, and I'm here to share some fascinating insights on his experience and how he ended up there. Who knows, if…
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Quote of the Day "The ESG boom has probably encouraged companies to improve their disclosure about such issues as emissions and gotten them to think more concretely about the risk that climate change poses to their operations. But a vehicle for…
Fridays are all about podcast links here at Abnormal Returns. You can check out last week’s links including a look at the economics of innovation. The biz Startups Finance Non-finance
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Dror Poleg, and Downtown Josh Brown discuss Nvidia’s ascent, the AI explosion, the future of work, and much more! You can listen to the whole thing below,…
By Dr. David Graham, Guest Writer I think The White Coat Investor should start managing money, even though all paths in the investment world eventually lead to AUM fees. As a WCI reader, I assume you know something about the business models…
Quote of the Day "The best way to learn is to fail fast." (Brett Steenbarger) Chart of the Day Nvidia ($NVDA) is pushing $1 trillion in market cap due to AI hype. (chart via @ycharts) (paulrlamonica.substack.com) Investing AI Companies Work Economy…
Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how the framing of ‘war on cancer’ came about. Quote of the Day "Happiness is not a thing any amount of…
We have continued to get a lot of your questions about all things Roth, so we are dedicating another episode to your Roth questions. We answer questions about SEP-IRA conversions, Roth IRA contributions, Roth contributions in a 401(k) vs. a Backdoor…
Not raising the debt ceiling could cause another sell-off in the stock market. If so, history has shown it is worth buying the dip as politicians eventually agree to raise the debt ceiling limit and curb some spending. However, have you…
Quote of the Day "I like to say, the hardest day to invest is always today and the May 2023 version of today is no different." (Ted Seides) Chart of the Day (twitter.com) Markets Apple China Global Debt debate Housing Earlier…
Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how credit card rewards can mess with your spending plans. Quote of the Day "A wise person once told me…if…
× Please contact your Firm's Group AdminIAR CE is only available if your organization contracts with Kitces.com for the credit. Please contact your firm's group administrator to enable this feature. If you do not know who your group administrator is you…
By Dr. James M. Dahle, WCI Founder A few weeks ago, we asked you to nominate your favorite doctor who is educating colleagues and trainees on financial matters for The White Coat Investor Financial Educator of the Year Award. While the…
Quote of the Day "Whatever you're selling, your business is increasingly dependent on digital algorithms, online crowds, and pure chance." (Dror Poleg) Chart of the Day (paulrlamonica.substack.com) Markets Crypto AI Companies Finance Streaming Economy Earlier on Abnormal Returns Mixed media
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Corporate Bonds – “One of Vanguard’s Biggest Credit ETFs Bleeds…