Last month, I appeared on a radio show, Real Money with David Holland. If you’d like to listen to it, click here!
Blog
On Gold, Guns, and Dried Food
People always ask me if they should buy gold. I always tell them it’s overvalued, but I’ve been saying that for years. Gold keeps going up in price for no good reason. That’s how bubbles are. It may be obvious that an asset (Beanie Babies, tech stocks, residential real estate) is overvalued, but the price… [Read More]
Paying for college: Six myths about covering college expenses
T. Rowe Price is circulating a nice write-up about covering college expenses, broken down into six myths. You can read the full piece here; I’ve listed them again with a few of my comments: Financial aid is free money that will cover costs. Uh, no. Many scholarships have GPA requirements and loans have to be… [Read More]
Penney’s, Sears, activist investing, and hedge funds
Two American retailers, Penney’s and Sears, are on the verge of collapse. They both faced the same problem: how to stand out in a crowded retail market. Both companies have plenty of competition, not just each other. They compete against such department stores as Kohl’s and Dillard’s, Macy’s and Target as well as against Bed… [Read More]
School choice and markets: What’s best for a family isn’t best for a nation
Like most parents in Chicago, I’ve been living out school reform with my child; he started in the Chicago Public Schools and is now at a Catholic high school. I teach finance part-time at University of Illinois at Chicago, so I see the range of abilities and preparation that Chicago Public Schools students bring to… [Read More]