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 Groundhog Day