The Investment Fiduciary

Archive for July 2007

Market Sentiment and Stock Returns

Posted by: Michael Zhuang on: July 31, 2007

Someone asked:”Do you know of any researches/studies carried out that help predict possible upward/downward movements of equity markets?” The following is my answer. Investors are driven to a large extent by greed and fear, and usually they are driven to the wrong directions. Warren Buffet once said:”Be fearful when everyone else is greedy; and be [...]

Larry Meyer: Diminishing Risks …

Posted by: Michael Zhuang on: July 12, 2007

Last week, I went to the Washington Area Money Manager meeting where the keynote speaker was former Fed Governor Larry Meyer. Governor Meyer gave a brief prepared speech on the macro state of the US economy and he spent significantly more time taking questions from the audience. As it turned out, the audience’ concerns about [...]

Do You Use any Stock Monitoring Software?

Posted by: Michael Zhuang on: July 10, 2007

The is a question posted to me, the following is my answer. Most stock market movements are best characterized as “market noise”. Market noise reduces the clarity of our judgments so it is better to be avoided. I review my own portfolio and my clients’ portfolios every quarter. In the review, stock prices play only [...]


Author

+Michael Zhuang is principal of MZ Capital, a fee-only independent advisory firm based in Washington, DC. He is also a regular contributor to Morningstar Advisor and Physicians Practice. To explore a long-term wealth advisory relationship, schedule a discovery meeting (phone call) with him.



You may also get his monthly newsletter, or join his Facebook page for regular wealth management insights. Michael's email is info[at]mzcap.com.

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