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...
by admin | Aug 1, 2014 | Archives
The bulls and bears are out every day, appealing to your greed and fear. Each and every one of them seems to be well reasoned, thoughtful, and convincing. The sad truth is that none of these experts (yes, none!!!) has any idea where the market is going next. Sure,...