“Rogue Federal Agency” or “Watchdog Too Good At Its Job”? Above are two headlines from the Wall Street Journal and the New York Times that give two sides of a growing debate about the Consumer Financial Protection Bureau (please see the links at the bottom of the this post and click through). Having spent most … More Strong Consumer Watchdog or Rogue Federal Agency?
This blog was started a few years ago as a place to share provoking ideas. I haven’t been as active as planned (life does get in the way sometimes), but hopefully it has gotten a few useful thoughts going. In an effort to get back on track, but with a nod to the limits of … More Provoking Posts and Brain Food
I wrote this in 2014, and my feelings on this subject have grown even stronger over time.
Summer is upon us and thoughts of time at the beach or on the water are probably starting to enter all of our heads. During the day, I spend a lot of time talking about return on investment at my wealth management firm, Fiduciary Wealth Partners. Today, on World Oceans Day, we are taking time … More World Oceans Day and Service To Others
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?
Just a simple note to pay tribute to an artist who created wonderful music and inspired passion in many. I will always remember going to see the movie “Purple Rain” and driving home from school blasting “Little Red Corvette“. Thanks Prince. The memories that you created will stay with me forever. The magic starts below … More Still Gently Weeping
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?