Robert Hunt Financial Market Update

Ideas for AI, Vanguard Keeps the High Places, and Elon Tells Us to Stop

AI can be used to review your financial documents, Vanguard is pumping advertisements that Bogle would hate, and Elon is so sure the future will be abundant that he thinks saving for retirement is a waste. Interactive Brokers Ad: https://www.interactivebrokers.com/en/trading/client-outperformance.php Vanguard Ad: https://advisors.vanguard.com/insights/article/a-practitioners-guide-to-building-an-active-equity-portfolio Elon Musk Predictions: Highlight Video Here

2025 Year In Review

Let us look back at 2025 to see what sort of returns were given across asset classes.

Only the Wealthy Enter, Municipal Bonds Need a Look, and Frost Bank Gives Me A Call

What you may assume is a privileged position to invest for the elite, just isn't so,tax equivalent yield is a 'thing', and the regional president of Frost Bank gives me a call.

Vanguard Wins, Buy At The High, and Trials of Stock Pickers

Vanguard is actually much better than you think, buying at the high is what the cool kids are doing, and it is much more difficult to pick stocks than we think.

Military Bases, Goldman's Creation, and Don't Worry About the Dips

Military bases are great test cases for the power of investor psychology, Goldman Sachs keeps making new products, and 31 dips since 2009 is the price of poker for a % 1,200 gain. Oh, Harvard also buys some bitcoin.