Nick Lanyi

Analyst Articles

Did you see what Elon Musk is up to now?Musk made billions as an early investor and CEO of PayPal. He parlayed that fortune into Tesla, SpaceX and SolarCity – each an ambitious attempt to revolutionize an industry (cars, space travel and energy). He’s done remarkable work in all three… Read More

We know a lot more about investing than we did 30 years ago.   I’m not talking about supercomputers, sophisticated algorithms or breaking down “big data.” No, the calculations that we’ve learned more about happen inside each investor’s mind.   Neuroscience and psychology have taught us that human beings aren’t… Read More

Have you ever been to a movie that’s been hyped for months … and then it’s a dud? I have. That’s what this week felt like for U.S. stocks. The buildup to the Federal Reserve’s announcement (and several other key economic and earnings reports*) turned out to be much… Read More

Most Americans are broke.A recent Federal Reserve Board study found that 46% of Americans said they didn’t have enough in savings to cover a $400 emergency expense.A new survey by found that close to half of Americans who make $100,000 to $149,999 a year have less than $1,000… Read More

After months of anticipation, mixed signals and several million perceptive predictions by professional prognosticators, the Fed today announced that it will do nothing.The Federal Open Market Committee said it would keep short-term interest rates unchanged, despite a relatively optimistic outlook on economic growth. The FOMC statement, released this afternoon, said… Read More

One of the Great Truths of Investing is that diversification is the key to avoiding roller-coaster returns in your long-term portfolio. That “Truth” looks more and more like a myth. I’m not saying diversification won’t smooth out returns in some cases. It will. That’s certainly true in a stock portfolio. Read More