Can Investors Learn A Few Things From A Country Song? Those of you who know me well know that I am from Alabama and that I still have some Southern boy in me. Those of you who know a little country music may also recognize that the title of this post is based on a … More Chicken Fried and Cold Beer on a Friday Night
Stocks Are Risky – This is Not the New Normal, It is The Normal The Dow Jones Industrial Average (DJIA) has dropped hundreds of points and has recently created alarming news headlines. This has not made any investor that I know feel good, but was this “The Normal?” Yes, this is a reference to “The … More The Normal
Private Equity vs. Index Funds This past week, I posted a blog about how the presentation of private equity returns can sometimes be quite misleading. I will admit that the title was a little click baitish (Fake News), but the post was meant to draw attention to a practice that is worrying to many: The … More Betting Like Buffett
Are you ready for the big game? The poised Boston champion Pats vs. City of Brotherly Love, Rocky-like underdog Eagles. Beyond the entertainment of the Super Bowl, the NFL runs a business that generates exceptional returns. If marketing is your game, you could do a lot worse than to follow the lead of the NFL. … More Don’t Let Your Portfolio Get Sacked – Version LII
Working hard is important, but many studies and my experience suggest that, to perform better, we should slow down and do less. I wrote about this subject not long ago in a post titled, To Think Better, Goof Off and Go For A Walk . After returning from today’s morning walk, what did I find as … More How Can You Perform Better? Do Less
Walking makes you think better and goofing off is good for you. And no, I’m not being goofy. Classical Greek philosophers understood well the benefit of a break. Aristotle’s school of thought is called Peripatetic, which means “walking” or “given to walk about”, and members of his school were thought to do their best thinking … More To Think Better – Goof Off and Go For A Walk
Beware of Hedge Fund Holy Grail Quests and Their “Shadow” Costs A lot has been written about hedge fund fees and their relatively poor performance (click here for the latest from Warren Buffett), but not much has been written about other “shadow” costs of adding what are often pitched as holy grail like risk reducing … More Would Hedge Fund Investors Be Wise To Remember The Sage Wisdom of Monty Python?
Are Wall Street, and even Federal Reserve, forecasts often about as accurate as April Fool’s Day jokes? Unfortunately, yes, sometimes the might make you smile. This week I was fortunate enough to attend a private reception and then a lunch with Janet Yellen at the Economic Club of New York. The experience and debate of … More April Fool’s Day Forecasts?
Would Lehman Brothers have been better off if it had been “Lehman Sisters”? A Wall Street Journal article titled, “Banks Run by Women Might Be Less Vulnerable in a Crisis,” mentions a similar quip made in 2008 by Christine Lagarde, Managing Director of the International Monetary Fund: “If Lehman Brothers had been Lehman Sisters, today’s … More “Lehman Sisters” – Would Banks Be Better If More Were Run By Women?
Over and over, day after day. Crowds gather early in the morning to watch for what the future will bring. The media is on hand for the latest predictions and they run stories with sensational headlines to engage their audience. Men in coat and tie confer, hoist prominent prognosticators on high and loudly sing praises … More Another Groundhog Day?