Monthly Archives: June 2013

The Fed Model of Stock Market Investing

The Performance of the Fed Model A Charitable Interpretation The Fed Model’s Mistake Legitimate Ways to Use the Equity Risk Premium Buying the Nikkei at 9,600 in September 2010 Buying the S&P at 1400 in December 2012 In the last … Continue reading

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The Stock Market: Thinking About What Matters

We can distinguish between two types of investments: liquid investments and illiquid investments.  An example of a liquid investment would be the online purchase of a stock.  If you change your mind two seconds after making the purchase, you can … Continue reading

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