Many people spend the final days of each December reminiscing about the year gone by. At this time, it’s not uncommon for individuals to draw “lessons learned” from both the good and bad moments, and to make resolutions for the … Read more
Financial services firms frequently develop new investment strategies and bring them to market. The latest financial inventions include alternative indexing, fundamental indexing, and smart beta, to name a few. Many sponsors of funds and ETFs based on these strategies make … Read more
It’s hot stove season and time to talk about the baseball season gone by and the promise for our favorite teams in 2014 and beyond. It was an exciting year—tight wild-card races, a play-in game, a back-and-forth World Series, as … Read more
Paul Volcker, the former Federal Reserve chairman, famously said in 2009 that the most important financial innovation over the past 20 years was the invention of the ATM. Perhaps if he had looked back an additional 20 years, he might … Read more
Financial advice usually doesn’t generate buzz on social media as much as, say, a grumpy cat photo or a Harlem Shake video.
But early this week, I came across a few financial words of wisdom on an index card that … Read more
I first learned about risk from the collected works of Stephen King. “Risk” hid in the closet. It lurked beneath my bed. If I pulled the covers over my head and slept with a baseball bat, I could manage it.… Read more