BlackRock
Cowboys Win Cowboys Win

Cowboys Win Cowboys Win

Cowboys Win Cowboys WinSo did I…all of $95 (professionals have seen 2 million hands, i.e. you are not winning regularly, so keep the stakes low, like me, $10.50 was the fee lol). 4055 entries, I finished 50th, for $85. LOL.The point of why I do this and stream it?...

Mutual Funds Sponsors Aren’t The Owner of Shares, You Are

Panic is the Name of a Two-Way Street

Apologies, but if you don’t like Pulp Fiction, we cannot really be friends (you can still subscribe and read Jae’s Corner, that’s different).Oh MyQQQ on June 15: 269.28QQQ as of this writing: 303.84, which is 12.8% HIGHER IN A MONTHFacebook on June 15: 154.25Facebook...

Mutual Funds Sponsors Aren’t The Owner of Shares, You Are

An Apple A Day

You Actually Want VolatilityIt is not easy for people to understand what is actually going on inside their financial holdings. Some people have 20-30 different line items (funds, bonds, stocks, etc). The simple analogy is that it is very difficult to distinguish which...

Mutual Funds Sponsors Aren’t The Owner of Shares, You Are

Sequence Risk Revisited

Sequence Risk Revisited1/1/2022: You were at 100, you presumed 8% a year, so on 1/1/2024, you projected to be 108 * 1.08 = 116.64.Today: Your 100 will be at about 88 (using BlackRock’s LifePath targeted retirement fund). So to get to 116.64 (your projection) from here...

Mutual Funds Sponsors Aren’t The Owner of Shares, You Are

What You Missed On Sunday

Least Surprising Plunge…Ever? It’s Close.While no one has a crystal ball, sometimes the probability function, usually considered to be symmetric, gets wildly skewed, if you know what combination you are seeking. When combinations becomes that very very very far off...