by admin | Oct 10, 2013 | Archives
We are as baffled as anyone by the sheer dysfunction and stupidity being exhibited by the government at this time. It is natural and probably makes good sense for the market to react to this gigantic failure of those who are charged with acting on our behalf. But, we...
by admin | Aug 23, 2013 | Archives
Blow up your TV; throw away your paper – John Prine, Spanish Pipedream Thanks to Nassim Taleb for coining the valuable word “postdictors” in his latest book, Anti-Fragile. This is one of the most useful words in explaining why we should all turn off our TVs and throw...
by admin | Aug 15, 2013 | Archives
When we believe active management is useful, we carefully select what investment vehicle to add to your portfolio. We use a tried and true methodology, called The Four P’s. By analyzing and reviewing managers based on these criteria, we try to ensure that we have you...
by admin | Aug 2, 2013 | Archives
The first decision we have to make in building a portfolio is what to own. As we are not forecasters, the answer is……………everything(!), that is priced reasonably and has a good expected return on the investment over the next one to five years. The amounts of what to...
by admin | Jul 24, 2013 | Archives
A well-built portfolio should have 3 legs to stand on, rather than just the traditional two. The improvement in stability and structure from adding a third “pillar” to a portfolio is obvious to all. Portfolio manager Rob Arnott, points out that the first two pillars...
