FMD Capital Management

Posts Tagged: greed

The One Investment Truth That Never Changes

Written by David Fabian, May 11th, 2017

I’ve been an investment advisor for a fair amount of time now.  I’ve seen many investors come and go over my tenure – clients, portfolio managers, brokers, traders, etc…  Some that are quite successful and others that are downright miserable.  The one guiding truth to every single experience is that people are their own worst enemies when it comes to investing. Read more

The Value Of Incremental Steps In Your Investment Portfolio

Written by David Fabian, February 03rd, 2017

Investing is a stressful endeavor – plain and simple.  You never have all the facts to make a perfect decision.  You are only able to see the right answer with the benefit of hindsight.  Things are always slow on the way up and frenetic on the way down.  This all leads to emotions taking their toll on every single one of us.  Read more

Managing Risk In Stocks At All-Time Highs

Written by David Fabian, July 24th, 2016

The stock market has been on a tremendous run since the February 2016 lows.  The SPDR S&P 500 ETF (SPY) has now risen nearly 20% from that washout level and recently hit fresh all-time highs.  Second quarter earnings have largely been well-received, economic data is solid, and the Fed doesn’t seem in a hurry to spoil the party.  Read more

Why I Am Skeptical Of This Stock Market Rally

Written by David Fabian, April 27th, 2016

Skepticism is something that we hear about often in the market.  More importantly, we feel it deep in our core.  It is usually entwined with disbelief that a current trend can continue given a specific set of concerning factors.  It’s also the reason that investing can be so frustrating to those who try to fit logical arguments into a psychologically driven systemRead more

5 Lessons Learned From VIX ETFs

Written by David Fabian, December 01st, 2015

The CBOE VIX Volatility Index is an interesting animal that has grown to become one of the most heavily watched indicators of fear and greed in the market. This index functions by measuring near-term volatility expectations from options activity on the S&P 500 Index. It’s calculated on an intra-day basis, so investors are able to watch as implied volatility expands or contracts in real time. The CBOE has a nice primer on how this is accomplished that you can read here. Read more