Craig Smith Archives

15 Nov

Needle in the Haystack

By Jessie Lamp
In Blog

Needle in the Haystack Pop quiz! Question 1: Do stocks outperform one-month US Treasury Bills? Question 2: Are individual stocks likely to outperform one-month US Treasury Bills? You might say, Craig, those two questions are asking the same thing! And

16 Sep

Elegant Simplicity

By Craig Smith, CFP®, CFA®, CKA®
In Blog

Simplistic, Complex or Elegant Simplicity The world is a highly complex place. The interconnected, multifaceted world that we inhabit is both dumbfounding and inspiring at the same time. If you have a moment to read Leonard E. Read’s short essay

15 Jul

A Lesson of History

By Craig Smith, CFP®, CFA®, CKA®
In Blog

A Lesson of History – Don’t Fall Victim to A Classic Blunder! As the year marches on, I’m up to Book Number 24. It happens to be Will Durant’s The Reformation: The Story of Civilization Part VI. The book, originally

16 May

24,901

By Craig Smith, CFP®, CFA®, CKA®
In Blog

24,901 I think I’m just hardwired for activities that can be accomplished by being intentional, and plodding, over long periods of time. 26.2 miles – 2008 Portland Marathon. 968 miles – 2007 Oregon/Washington Pacific Crest Trail. 211 miles – 2014

16 Mar

The Cost of Capital and The Price of Time

By Craig Smith, CFP®, CFA®, CKA®
In Blog

The Cost of Capital and the Price of Time We’ve all heard the phrase “time is money”. But what exactly is the “price of time”? How do we calculate or quantify how much time is worth? When we invest, what

16 Jan

New Years Resolution

By Craig Smith, CFP®, CFA®, CKA®
In Blog

New Years Resolution One of the “classics” in investing literature is Charles Ellis’ Winning the Loser’s Game. I happened to reread it recently, and what follows has heavy inspiration from the themes in his book. As the calendar has recently

17 Nov

Of Adam Smith, Pyrrhic Victories, and your “Why?”

By Craig Smith, CFP®, CFA®, CKA®
In Blog

Of Adam Smith, Pyrrhic Victories, and your “Why?” You are probably familiar with Adam Smith, often called the Father of Economics. Most people associate him with his book The Wealth of Nations which was published in 1776 and remains widely

17 Oct

It is the Season

It is the Season – To worry about things, we cannot control, nor that may even have much effect on our day-to-day life! The political season is just starting. Everybody knows who they hate and mistrust; no matter what they

15 Sep

Staying Found

By Craig Smith, CFP®, CFA®, CKA®
In Blog

Staying Found Years ago, Melinda and I hiked the Pacific Crest Trail (PCT) from Ashland, OR to Manning Park, British Columbia. We learned a lot about ourselves during the roughly 900 trail-mile trip, celebrated our first wedding anniversary sleeping on

14 Jul

Everything You Own

By Craig Smith, CFP®, CFA®, CKA®
In Blog

Everything You Own A realtor friend jokingly congratulated me on purchasing my home in 2009 by saying, “Welcome to the class of ‘home-moaners’!”. Get it? Homeowners constantly moan about their property’s maintenance, upkeep, and to-dos. If you’ve owned a home