by admin | Jan 23, 2015 | Archives
Frederick Douglas once famously said “they want the ocean without the roar of its many waters”. His point was that that is not possible to enjoy the beauty of the ocean without accepting the stormy seas that are part of having the ocean. The same is true in investing....
by admin | Dec 9, 2014 | Archives
“Now the water’s wide and deep and brown. She’s crossing muddy waters”- John Hiatt Yes, it’s that time of year. The pundits and experts take out their crystal balls and tell you exactly what is going to happen next year. Where will the Dow close? The...
by admin | Oct 20, 2014 | Archives
Welcome Fellow Lizard Brains! Back in 2005, Terry Burnham penned Mean Markets and Lizard Brains. The point of his terrific book was that parts of our brain are wired to behave in a reptilian fashion, responding to fear and greed instinctively. Yes, I have that same...
by admin | Sep 17, 2014 | Archives
In a momentous decision this week, CALPERS (the California Public Employee Retirement System) announced that it would shed all of its hedge fund holdings. This was the Absolute Return portion of its portfolios and it cited cost and complexity as the leading reasons to...
by admin | Sep 3, 2014 | Archives
It is only natural to try to compare to others when considering “how am I doing?”. In the investment world, most Americans compare their portfolio to the S&P 500, an index of 500 large US companies that are publicly traded. If you are underperforming, is it time...
