Here are some of the highlights from my writing during 2012:
the research puzzle ~ On the original site, the most popular posting from this year concerned distortions in the investment process from Apple. Other favorites include an essay on investment beliefs and a reminder for investment firms: everything is connected. While written two years ago, my letters to a young analyst continue to be very popular, with many new readers during this year.
research puzzle pix ~ This site features a chart and commentary on wide-ranging investment topics. Highlights this year included pieces on farmland (soon to be updated with 2012 levels), gold, less active management in some “active” mutual funds, a stunning look at interest rates, and “the big question” (namely, what unexpected things will happen when the bond bull market ends?).
research puzzle pieces ~ Brand new, the site you’re currently reading features quick takes and great links. The most read item so far has been a posting on “sure things and structured products.” (Apple plays a role in that one too.)
inside investing ~ I have written three articles for this new site from the CFA Institute. The one on cash — as trash, as king, and as a weapon — may be the most important piece for investors (both amateur and professional) that I wrote this year. It is certainly the most widely read.
Thanks to all my readers and to those who have promoted my work to others. I appreciate your support.
Many happy total returns to you in 2013.