Image credit: Marion, “Invisible Man” (Jan. 29, 2013), Flickr By Jason Zweig | Aug. 26, 2018 9:38 p.m. ET If you asked me What’s the article on financial journalism you most wish you had written yourself? I would point to this one. I don’t know who wrote it, although he or she (or they?) did it so well I remain green...
Read MoreDear Investor, That Cocky Voice in Your Head Is Wrong
Image Credit: Hanna Barczyk By Jason Zweig | Aug. 24, 2018 7:00 a.m. ET As much as all of us investors wish we were perfectly logical calculating machines, we are human: emotional, distractible, impatient, inconsistent. Behavioral economics is the study of how real human beings—not the walking, talking spreadsheets that traditional economists...
Read MoreMerrill Lynch Joins Brigade Downplaying Money-Market Mutual Funds
Image credit: Victor Dubreuil, “Five Dollar Bill” (ca. 1885), The Phillips Collection By Jason Zweig | Aug. 21, 2018 3:36 p.m. ET Starting Sept. 4, Bank of America Corp.’s Merrill Lynch brokerage unit will no longer sweep its customers’ cash into money-market mutual funds, moving it instead into deposits at affiliated banks. In...
Read MoreNo, Stocks Aren’t Cheap, but Don’t Act Rashly
Image Credit: Martin Johnson Heade, “Approaching Storm: Beach Near Newport” (ca. 1861-62), Museum of Fine Arts, Boston By Jason Zweig | Aug. 21, 2018 11:00 a.m. ET If you’re like many investors, you might be thinking it’s time to take some risk off the table. On Wednesday, barring a crash, this bull market will become the longest...
Read MoreThe End of Quarterly Reporting? Not Much to Cheer About
Image Credit: Photo illustration by the Wall Street Journal; iStock By Jason Zweig | Aug. 17, 2018 5:08 p.m. ET President Trump proposed Friday that public companies should report their financial results only twice a year instead of quarterly. Such a move, he implied, would reduce companies’ costs of complying with bureaucratic red tape and...
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