Views & Insights
Periodically we publish content that puts our principles and views into practice, because education is an essential component of long-term investment success.
CATEGORY: Investment counselling
The REAL Enemy of the Bond Investor
The Journal | March 2014
In my post, Statement Shock: Bonds in the Red, I discussed why bond prices drop when interest rates rise and why this shouldn’t matter much to investors with a...
KISS
The Journal | March 2014
Confucius wrote that life is really simple, but people insist on making it complicated. The investment business takes this truism to the extreme. What could be relatively simple is often...
Statement Shock: Bonds in the Red
The Journal | October 2013
There’s no shortage of fear mongering in the financial media these days about the looming bond bubble. The negative sentiment is not unfounded. The federal reserve has been running...
Beyond the Returns: Selecting a Money Manager (Part III)
The Journal | July 2013
In Part I and Part II, I looked at some money manager characteristics beyond performance that should result in an overall positive client experience, and used Warren Buffett as the...
Beyond the Returns: Selecting a Money Manager (Part II)
The Journal | June 2013
In my last post, I introduced a thought experiment: what would be the ideal situation for the investment of your family wealth if you had started a generation ago, and...
Beyond the Returns: Selecting a Money Manager
The Journal | May 2013
When selecting a manager, most people start, logically enough, with the returns. That is the money manager’s product, after all. But all too often the disclosure that past performance...
The Multi-Stage Time Horizon
The Journal | January 2013
If you have spent any time in consultation with an investment firm/advisor, you will have had some experience with what the industry refers to as the Know Your Client (...
It’s Different This Time
The Journal | December 2012
In my family, I’m the sixth of 16 cousins. There are 10 girls and six boys, and we range in age from the late 20s to early 40s. This holiday season...