by admin | Jul 8, 2015 | Archives
In my world (i.e. financial services), everyone is sure they are smarter than the Fed (especially Ben Bernanke and Janet Yellen). If I had a dollar for every utterance (in print, at conferences, by TV pundits, etc.) about how stupid these two people are, I would be a...
by admin | Jun 25, 2015 | Archives
Well, I now have over twenty years of learning as an investment advisor, so…it is time to pause and take stock. Learning is often a bit painful in this business as you can’t take decisions back and ask for a do over. As things change and I learn more, there are some...
by admin | Apr 27, 2015 | Archives
Those of you, who know me well, know that I am not a fan of predictors or pundits who predict the future. However, I do think it is a totally rational concept to be able to come up with a realistic range of returns for investments over the long haul. To do that, we...
by admin | Apr 16, 2015 | Archives
Risk is the chance of loss, and for most of history it was viewed as that. There is a chance I’m going to lose. But in the capitalist system, risk is also an opportunity. Nothing ventured, nothing gained is as important to keep in mind as the fear that if I don’t...
by admin | Mar 6, 2015 | Archives
The other day as I was driving to Denver the airways were filled with the big news – “the NASDAQ has hit 5,000 for the first time in 15 years”. As the expert remarked, “Wow!”. The wow factor is that, after 15 years, you are back to where you started in the tech...
