Fake News?

Are some investors placing votes in favor of private equity based on fake news? According to a recent McKinsey & Company Global Private Equity Review, in 2017 private investment managers raised a record sum of nearly $750 billion globally. A few factors are driving this, but one is the strong belief that private investments have … More Fake News?

Pavlov’s Brokers

Recently, I noticed a Tweet from Josh Brown (like me, a Reformed Broker) and a follow-on note from Dan Egan, who I had the pleasure of working with in the past at a brokerage firm (maybe he should be called the Reformed Behaviorist). Both focused on how incentives and stimuli can influence investor behavior. It … More Pavlov’s Brokers