Our hearts go out to the residents of Boston. As they and residents of areas affected by destructive events know, a disaster can bring about not only emotional hardship, but financial hardship, as well. […]
Tax rates for families making more than $450K and individuals making more than $400K have gone up due to the recent fiscal cliff negotiations. While it may feel unfair, effective tax rates still are […]
The 2008 crash reminded investors that – like us during the holiday season – the financial system can also crash under stress. But how can something as intangible as stress in the financial system […]
Most economists agree that 2000 marked the beginning of a secular bear market. Secular markets describe 10-20 year spans of new market highs (secular bull markets) or market declines of at least 40% (secular […]
Hurricane Sandy affected over 8 million people in the Tri-State area when it made landfall on October 29, 2012. Millions in New York and New Jersey lost power, as well as access to food […]
Investment management fees have always been a hot topic – in particular, fees that aren’t explicit. A fund’s management fee—e.g., its “expense ratio”—falls in that category. This fee reflects the cost of running a […]
The Federal Reserve put a third round of quantitative easing in place on September 13th. The Fed pledged to buy $40B of mortgage-backed securities each month until the unemployment rate falls below 7%. Analysts […]
Running a 401K plan at times may feel like being a parent watching five 2-year-old children while attempting to cook a meal. Unfortunately since we’re not gifted to be able to focus on several […]
I recently completed Q2 2011 performance reviews with my clients. While strategies shouldn’t change drastically from quarter to quarter, it’s important to continuously check in to ensure that investments are still aligned with each […]
Recently, I went to lunch with a colleague and friend who is also a hedge fund manager and well known in the hedge fund community. He was noticeably more irritable than when I last […]
