We all hear stories about growing economic inequality, but pictures do indeed speak a thousand words. Light colors represent counties in the U.S. that are growing. Darker colors illustrate those falling behind. Red highlights parts of the country that new research says are economically “distressed.” The chart above was published today at Axios and comes … More The Economy Has Improved but Many Have Been Left Behind
The picture might give this away, but to find out how a long-time beach patrol officer answered this question, and what my experience suggests, click the following: What Is the Leading Source of Beach and Ocean Trash? To learn more about ways to keep our oceans clean please also visit the website listed below. Clean … More What Is Most Common Source of Beach Trash?
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
Strong Fiduciary Commitment – Why It Matters to Both Investment Firms and Investors In a sad follow-up to a previous post, it seems like the somewhat two-faced arguments of the investment industry have for now, won the regulatory day. With the death of Department of Labor Fiduciary Rules, my sad bet is that confusion is … More Fiduciary Commitment and Why It Matters
“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. I’m keeping this very short in the hope that all will click the link below and then provide comments. Are We Spending Too Much Time Selling Alpha?
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