World Oceans Day and Service To Others

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

Would Hedge Fund Investors Be Wise To Remember The Sage Wisdom of Monty Python?

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?

Still Gently Weeping

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

April Fool’s Day Forecasts?

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?

Trash to Cash – The Plastic Bank

“It’s money in the bank” is an old way of referring to the value of a sure thing. “Triple bottom line” is a relatively new way of accounting for the value of a business enterprise in terms of its generation of 1) Profit, and the value it adds to 2) People and 3) the Planet. … More Trash to Cash – The Plastic Bank

The Man In The Glass

Having the courage to stand against what we know is wrong, even if it means personal sacrifice. To help reinforce the importance of this message to our children, this weekend my family watched the movie, He Named Me Malala. It focuses on the story of Malala Yousafzai, the Nobel Prize laureate who, even after being shot in the … More The Man In The Glass

Boston’s MBTA Use of Wall Street Derivatives “Reckless”

When will investors learn?  Complex investment bets often don’t end well. To highlight this point, a new study by the Pioneer Institute states that the Boston based MBTA transit system’s use of financial derivatives was “reckless.” Yes, a strong word, but unfortunately it might be well deserved. According to the report, “Despite warnings by the state auditor … More Boston’s MBTA Use of Wall Street Derivatives “Reckless”

“Lehman Sisters” – Would Banks Be Better If More Were Run By Women?

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?

Too Much Of A Good Thing?

When is too much of a good thing a bad thing? As I write this on a Sunday following a big dinner, my first thought related to the title of this post was my “yes” last night to both an after dinner drink and yummy desert. They both seemed like a good idea at the … More Too Much Of A Good Thing?

Don’t Let Your Portfolio Get Sacked

Are you ready for the big game? Super Bowl 50. The seasoned star, Peyton Manning, in what could be his final game, versus the new star, Cam Newton. The only improvement from my New England perspective would be watching our Patriots this Sunday, but I am sure I will enjoy the excitment on the field … More Don’t Let Your Portfolio Get Sacked