A cognitive bias we all have is extrapolation. We take the current situation and project it far into the future assuming it’ll look exactly like today. It is easy to take today’s coronavirus world, extrapolate it, and imagine a future… Read More
We used to own Hilton in our Dividend Growth Strategy. A big reason why we bought Hilton was because of what Marriott did. In this episode, Glenn will explore: Why we like both companies as asset-light high ROIC businesses. How… Read More
Yesterday we started selling Hilton Worldwide Holdings (HLT) in all client portfolios that held shares. We first bought Hilton in February 2017 after it completed its three-way spin-off transaction. Hilton separated its timeshare business, real estate holdings, and hotel management… Read More
How would you rate this quote? “You have to be confident as you face the world each day, but you can’t be too cocky. Anyone who thinks he’s going to win them all is going to wind up a huge… Read More
For those of you who have been paying into Social Security for your entire working careers, the day when you finally retire and begin