Image Credit: Alex Nabaum By Jason Zweig | July 27, 2018 11:17 am ET Regulators are trying to make it less confusing to learn what you need to know about your stockbroker or financial adviser. But that effort could create new confusion of its own. In a disclosure form newly proposed by the Securities and Exchange Commission, brokers and...
Read MoreFree Trips Under Fire: SEC Wants Your Broker To Work For You
Image Credit: Alex Nabaum By Jason Zweig | July 20, 2018 12:00 pm ET If the Securities and Exchange Commission has its way, brokers will have to make big changes to how they sell investments. For the first time, brokers would be explicitly required to act in the best interests of their customers, not their own paychecks, when they make...
Read MoreThree Ways to Get Paid
Image credit: Art Young, “For Sale” (Puck Magazine, Dec. 20, 1911), Library of Congress By Jason Zweig | July 19, 2018 10:00 p.m. My father, who died in 1981, was an inexhaustible font of wisdom and wit. I don’t know when he told me this particular three-part rule, but I’ve never forgotten it. I tweeted it three...
Read MoreEarnings Surprises: The Stock Market’s Worst-Kept Secret
Image Credit: Alex Nabaum By Jason Zweig | July 13, 2018 11:00 am ET Addicts often have to take heavier doses to get the same thrill as time passes. The same is true in aging bull markets: Companies need to report bigger and bigger earnings to get the same rise out of investors. What matters to a stock price is not how much profit the...
Read MoreLessons and Ideas from Benjamin Graham
Image credit: HarperBusiness By Jason Zweig | July 11, 2018 In late 2003, after the publication of the revised edition of The Intelligent Investor, the CFA Institute asked me to give a presentation on Graham and his work at its conference on equity research and valuation in Philadelphia. Every few weeks, someone asks me if I can post a copy...
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