Friday, July 3, 2009

Short Takes: Bad Investment Products, and more

1. Larry Swedroe has a great series on bad investments (starts here) that includes some words to live by: "the more complex an investment product, the faster you should run from it."

2. Preet gives a performance update of the blogger's stock picking contest. His portfolio is deliberately selected to have very high volatility, but somehow his results are close to the median so far.


  1. Thanks for the link. I take it you are off somewhere to play some golf. I was lucky enough to be invited to play at the Telus World Skins Pro-Am a few weeks ago. The problem was that I only played four rounds in my life before that. I completely embarrassed myself, but luckily my group was very understanding. Perhaps after I practice some more we can play a round in the future. Cheers!

  2. Preet: The World Skins Pro Am sounds like fun even if golf isn't your sport (yet). I'd be happy to play a round with you. I'm not a great golfer, but at least I can hit the ball far (into the woods).