What is Pat’s commentary for the week of August 13, 2013?

Overall, investors lose more money to conflicts of interest than to any other single risk. That’s not a comment about the average broker’s sense of ethics. It’s simply a matter of frequency of exposure times risk per exposure.

For example, suppose you tell your broker… Read More

More Special Pluses

If last week’s downturn makes you wonder if you should sell all your stocks, keep in mind that the world economy and stock market stand to gain from three special factors, just like McKesson.

Starting in the early 1990s, I’ve regularly pointed out that these special… Read More