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Dan Solin
Dan Solin is The New York Times' best-selling author of the Smartest series of books. His next book, The Smartest Sales Book You'll Ever Read, will be published in March, 2014.

Entries by Dan Solin

The Biggest Market Myth

(0) Comments | Posted February 2, 2016 | 5:42 PM

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Particularly in times of extreme volatility, pundits come out of the woodwork to "explain" to the rest of us the reasons underlying the rise or fall of the stock market. For example, how many times have you...

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Terrible Advice in Tough Times

(0) Comments | Posted January 20, 2016 | 7:08 AM

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It's sad that terrible advice is so freely dispensed in tough times. Investors are at their most vulnerable, reeling from the market selloff. Many in the financial media see this as an opportunity to boost ratings...

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The Smartest Path For Investors in 2016

(1) Comments | Posted January 19, 2016 | 12:18 PM

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What Warren Buffett Isn't Doing

(0) Comments | Posted January 12, 2016 | 6:37 PM

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I don't know Warren Buffett. I didn't interview him for this article. But I'm pretty sure I know what he isn't doing to cope with the worst first four trading days in history for the S&P 500 index...

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The Core of Wall Street Is Rotten

(28) Comments | Posted December 29, 2015 | 5:04 PM

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I remember feeling repulsed when I first read that Martin Shkreli, CEO of Turing Pharmaceuticals, raised the price of its proprietary drug, Daraprim, by 5,000 percent. This increase caused the price of each pill to go...

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'The Big Short': A Big Wake-Up Call

(1) Comments | Posted December 28, 2015 | 8:26 AM

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I agree with the glowing reviews of The Big Short. The film does a wonderful job of exposing the mendacity of the financial industry and the role it played in almost causing a worldwide...
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Surprising Lessons About Investing From Donald Trump

(0) Comments | Posted December 22, 2015 | 7:15 PM

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I write about investing, not politics. By invoking Donald Trump as an example, please understand that I'm taking no political position.

That said, there are some surprising lessons you can learn from Trump about investing. Here are two...

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An Open Letter to Meredith Whitney

(0) Comments | Posted December 15, 2015 | 5:31 PM

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Dear Ms. Whitney,

I want to congratulate you on your return to the business of managing money. I understand you will be managing an equity portfolio for a Bermuda-based insurer, Arch Capital...

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The Secret Wall Street Doesn't Want You to Know

(1) Comments | Posted November 27, 2015 | 10:12 PM

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I am not endorsing any political views, but I did note an observation made by Bernie Sanders in the recent Democratic presidential primary debate. He stated that Wall Street's "business model is greed and...

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Compelling Employees to Make Bad Choices

(0) Comments | Posted November 25, 2015 | 8:52 AM

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I don't want to rehash all the reasons for my view that investors should avoid actively managed funds, expensive, complex investment products and "alternative investments" like hedge funds and private equity. If you find these investments suitable, you...

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Buy This Annuity So I Can Take a Cruise

(0) Comments | Posted November 20, 2015 | 3:53 PM

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The current controversy over the proposal by the U.S. Department of Labor to impose a fiduciary standard on those who advise retirement plans has little to do with the rule's merit. Rather, I believe it's at...

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A Game You Shouldn't Play

(0) Comments | Posted November 17, 2015 | 5:18 PM

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It seems like almost every week a new study appears to debunk the myth of active management. This week was no exception.

Robin Powell, a U.K.-based journalist and financial blogger, discussed a recent...

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Misleading "Debates" on Active vs. Passive Harm Investors

(0) Comments | Posted November 3, 2015 | 5:34 PM

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While it's a low bar, Bloomberg TV always seemed to me to be the best of the financial media. Its anchors are professional and knowledgeable. Its coverage is broad and responsible. It avoids the hype and...

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Non-Disclosure Is Harming Your Returns

(0) Comments | Posted November 3, 2015 | 6:48 AM

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The current debate over a proposal by the U.S. Department of Labor, which would require advisors to act as fiduciaries to the retirement plans they serve, obscures an important issue. It's bad enough that stockbrokers are...

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Your 'Wealth Advisor' Probably Isn't One

(1) Comments | Posted October 27, 2015 | 8:17 PM

2015-10-19-1445291175-3966786-11746719224_25675af5b1_z.jpgPhoto courtesy of Flickr.

Last week, I wrote about an experience I had with a broker who took offense at the use of the term "broker" in a talk I gave to a group of investors. I found that odd because he...

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Collapsing Arguments for Conflicted Advice

(0) Comments | Posted October 20, 2015 | 6:19 PM

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I had an interesting experience recently. I gave a talk to a group of investors. In the audience were a few brokers. My presentation consisted of two basic points:

1. Send an email...

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A Hidden Risk You Never Saw Coming

(0) Comments | Posted October 13, 2015 | 6:21 PM

Ken Griffin is a hedge fund manager with an enviable net worth of $7 billion. According to published reports, he recently settled a contentious divorce dispute with his wife, Anne Dias Griffin, shortly before it was scheduled to go to trial.

There was a lot at stake. His...

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Don't Call Your Broker

(0) Comments | Posted October 6, 2015 | 6:14 PM

The market has been experiencing gut-wrenching volatility recently. Monday, Aug. 24 was a particularly unsettling day. The Dow Jones Industrial Average (DJIA) lost 1,089 points before rallying to close down 588.

This kind of roller coaster ride creates understandable anxiety among investors. Should you sell and sit on the sidelines,...

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Hedge Fund Myths and Misdeeds

(0) Comments | Posted September 29, 2015 | 6:23 PM

If anyone could demonstrate expertise in "beating the market," you would think it would be hedge fund managers. They get paid hefty fees (often 2 percent of assets under management plus 20 percent of profits) to generate "alpha." Successful hedge fund managers make obscene amounts of money. The top hedge...

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$50,000 (or More) May Be Yours for the Asking

(1) Comments | Posted September 18, 2015 | 11:37 AM

Investing is a unique business. After all, you wouldn't think of buying any commercial item (like a car) without first negotiating for the lowest price. And few people would consider buying a product if they had no information about its price tag. Yet that is precisely what most investors do....

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