Author: Thad Schlaud

Warren Buffett’s Annual Letter to Shareholders

Thad Schlaud

An investing philosophy shaped from America’s Heartland since 1930. Warren Buffett, chairman and CEO of Berkshire Hathaway and revered as the Oracle of Omaha, released his annual letter to shareholders on Saturday, February 25th. While the entire 11-page letter is great reading for all investors, here are a few snippets…

Categories: Industry Ideas

March Madness and the DJIA – Winners & Losers

Thad Schlaud

Can we see patterns from one year to the next or is it a maddening bracket? Newspapers, radio, and TV news programs refer to the Dow Jones Industrial Average every day, calling it the Dow, sometimes the Dow Jones or even the DJIA. And economists and financial advisors pay close…

Categories: The Market

Increasing Productivity with Lean Thinking

Thad Schlaud

More than just a manufacturing process tool, lean thinking is a holistic program designed to transform a company’s entire business strategy. Boosting profits and competitiveness by making continuous improvements in production costs, product quality, customer service, and delivery are the goals of the lean model. Companies that apply lean production…

Categories: Industry Ideas

FTX Was Waving the Same Madoff Red Flags

Thad Schlaud

In the span of just a few days, cryptocurrency exchange FTX – the world’s third largest cryptocurrency exchange with more than 1 million users – filed for Chapter 11 bankruptcy. A few days later, cryptocurrency lender BlockFi announced that it was “not able to do business as usual” and paused…

Categories: Industry Ideas, News

Your Retirement Planning: “Too Big to Fail”

Thad Schlaud

Many of us remember the phrase “too big to fail” from the 2008 financial crisis and cringe now that its use has been resurrected during the coronavirus pandemic. Others remember that the term was also used in 1984 by U.S. Congressman Stewart McKinney when he talked about the FDIC’s intervention…

Categories: Industry Ideas, The Market

Most Investors Perceive Losses as More Impactful

Thad Schlaud

When managing personal finances and investments, people frequently exhibit irrational behavior for different reasons. If you’re one of these folks, be fair to yourself: It doesn’t even take a spate of market zigzags like we saw recently to prod you into questionable decisions. Everyone makes choices about money nearly every…

Categories: The Market

Elon, Twitter, and the Importance of Due Diligence

Thad Schlaud

Elon Musk – the world’s richest person – recently announced that he was pulling out of his agreement to buy Twitter (good luck!), saying that there was a lack of information about the number of Twitter users made up by bots. In a letter sent to Twitter, Musk said that…

Categories: News, The Market
Video

How to Weather a Market Downturn

Thad Schlaud

Long-term investors will experience a number of market downturns over the course of their lives, which can be triggered by everything from natural disasters to political turmoil. So, if you’re investing for retirement or another long-term financial goal, you need…

Categories: Education

Don’t Believe That This Bear is Different – It’s Not

Thad Schlaud

Bull markets happen. Bear markets happen. Just stick to your financial plan and stay calm and disciplined. When the market sours or slumps, don’t believe talk that this bear is different. It is not. History shows this is true. When markets decline, they do so rapidly and painfully. The subsequent…

Categories: The Market