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Avoid the Unforced Investment Errors Even Billionaires Make

The Big Picture

Duration and leverage issues are well known, but lets discuss adding risk: In 2004, I walked into my offices conference room to hear a rep from Lehman Brothers pitch a higher-yielding fixed income product: AAA-rated, safe as Treasuries, but yielding 200-300 basis points more. All of these strategies have been money-losers this century.

Investing 268
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Twenty Years Of Blogging! Part 1

Random Roger's Retirement Planning

Back in 2004, there were very few bloggers, it was a new thing. My blog was the Forbes blog of the year for 2004 in less than three full months of blogging which should tell you how thin it was back then. The way that number went up though, I don't know if it was a real number or not. I mentioned Seeking Alpha above.

Numbers 81
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Market Commentary: Slow Start For Stocks Despite Solid Job Gains

Carson Wealth

2023 Stock Gains Suggest a Solid (But Not Spectacular) 2024 The S&P 500 finally fell last week after nine consecutive weeks of gains, the longest weekly winning streak since 2004. In fact, the average annual number of jobs gained from 2010-2019 was 2.2 Another 20% gain is possible, however, as it has happened before four times.

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Thinking Big and Survivorship Bias

The Irrelevant Investor

After five years as a private business, they went public in 2004 at a valuation of $27B. In Google's 2004 Founders’ IPO Letter , Larry Page wrote: We will not shy away from high-risk, high-reward projects because of short term earnings pressure. The search-engine giant became the fastest company ever to reach $1 billion in revenue.

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The Importance Of Diversifying Your Diversifiers

Random Roger's Retirement Planning

Mutiny makes a point that I've been writing about and have embedded into my process since 2004. There are expectations embedded in these numbers. Getting that 189% between ages 50 and 60 will be far more impactful than between 25 and 35. This is what 75/50, getting 75% of the upside but only 50% of downside, is all about.

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How Americans Save

The Irrelevant Investor

These numbers are pretty encouraging. The biggest takeaway for me here is the cash number. That number fell to 19% in 2018. People under 25 had just 55% of their portfolio in stocks in 2004, and 88% of their portfolio in stocks today. I wonder if student loans have something to do with this. There is way too much of it.

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Market Commentary: Fundamentals May Be Aligned for Solid Stock Gains in 2024

Carson Wealth

The third quarter’s blockbuster productivity data follows a hot number from the prior quarter, when productivity rose 3.5% (annualized). Higher wages can result from higher productivity in any number of ways, including businesses introducing more machines or organizing work more efficiently. annual pace between 1996 and 2004.