Occasionally on one of the financial networks when they are interviewing a money manager or hedge fund operator you will hear the term “crowded trade”. While a “crowded trade” is difficult to pin down definition-wise, maybe it’s best to convey what a crowded trade is by describing various characteristics that make up a crowded trade: Read the full article…
At a gathering this weekend I had the good fortune to meet someone who completed an MBA degree in Finance from the University of Chicago a few years ago. Some of you may remember that the University of Chicago is the birthplace of Modern Portfolio Theory (or M.P.T. for short), and other investing / finance Read the full article…
Investor Question I get frequently: “When is this bear market going to end and when is the next bull market going to start?” My Answer: “I don’t know and anyone that says they know is lying to you. However, I know it won’t be soon.” I know, just call me a “big bowl ‘o investing sunshine”! Read the full article…
95% of advisors today read, cite or are influenced by the predictions of one or many economists. Economists are good at making observations and pulling information out of statistics. It’s answering the question of “What does it all mean for the future?” where they get themselves and their clients into trouble. Often these are called Read the full article…
The most frequent question I am asked is “What should I be doing now in my 401(k) account at work? What about my brokerage account?” The answer to that question lies where it always has- the facts that we know to be true. A good way to go broke is to rely on someone who Read the full article…
