Many of the world's most valued companies have relatively few tangible assets when compared to 50 years ago. Why? And what are the implications for investors and the rest of the economy? Mr. Sharples writes about the book Capitalism without Capital by Haskel and Westlake. More

Volatility in today's stock market - this article puts the instability in perspective. Learn more at Higher Rock Education - where all our Economic Lessons are Free! More

Mr. Mike Sharples, who serves on our board, recently wrote an intriguing blog that uses a basketball analogy to explain the stock indexes, investment risk, while providing some valuable insights about the future. I enjoy investing and watching basketball (I am too old and short to play), so I wanted to share it with you. Thanks Mike for giving us permission to do so. More

Last week the Dow Jones Industrial Average topped 20,000 for the first time. I predict it will reach 40,000 by 2026. Sounds crazy, doesn’t it? Well, not really when you consider the power of compound interest. The table below provides the closing Dow Jones Industrial Average on the trading day closest to January first of the given year. More