by Charles Cheng, CFA & MBA     The current bull market has likely left equity investors who took more risk much more satisfied than those who were conservative. For many investors, evaluating a portfolio’s success begins and […]

by Charles Cheng, CFA & MBA     Whether you are a professional or individual investor, fees are an essential part of the business of investing and should be analyzed as part of the investment process. These fees could be manag […]

by Charles Cheng, CFA & MBA     As everyone knows, in late February the US Trump administration initiated Operation Epic Fury, with strikes on Iranian infrastructure and led to the de facto closure of the Strait of Hormuz. With such unp […]

by Charles Cheng, CFA & MBA     There are so many different types of investment strategies and many times conflicting advice, that non-professional investors can sometimes feel overwhelmed. Even professionals have an extremely diff […]

by Charles Cheng, CFA & MBA     The current bull market going into 2026 has lasted over three years now, since the end of the Fed tightening bear market in 2022, and coinciding the launch of the GPT era. How long it continues is anyone’ […]

by Charles Cheng, CFA & MBA     The price of gold has continued its strong run, looking poised to finish the year with a gain above 60%, far above the return of major equity indices. While it has been traditionally a part of many divers […]

by Charles Cheng, CFA & MBA     Business monopolies are often thought of as harmful to economic development, with many monopolistic practices banned by governments. This is mainly to protect consumers from exploitive pricing p […]

by Charles Cheng, CFA & MBA     We are often told that to get high returns, you must take high risks. This is not always true. Many like to chase volatile investments that promise explosive year-over-year gains. However, the m […]

by Charles Cheng, CFA & MBA     In September, the FOMC cut interest rates for the first time this year, and its projections signaled two more cuts in 2025. Despite the need to ease to cushion a somewhat softening economy and despit […]

by Charles Cheng, CFA & MBA     News stories or historical articles, often talk about the price of something in the past, referencing the fact that whatever nominal amount it cost back then would be a much larger amount today due t […]

by Charles Cheng, CFA     As investors, we often talk about the story behind a stock. It might be a hidden opportunity, the tale of a visionary founder, a disruptive technology poised to reshape an industry, or an untapped market on th […]

by Charles Cheng, CFA     Previously, we talked about the importance of basing investment decisions on information that is truly actionable. For shorter time horizon trades, that information must be an insight that is not already […]