The Idiots of San Diego County’s Pension Investment...
Doing the Right Thing Doing the right thing in investing may seem harder in some ways, but the payoff is often more rewarding. Bloomberg,...
Rupert Murdoch and The Dumbest Chart in the World
Yesterday morning, we learned of Rupert Murdoch’s bid for Time Warner for as much as $85 dollar a share, or more than $75 billion. Soon...
Context Required: Mom & Pop vs Professional Investors
Pro Forecasters Stink, You’re Worse If the actions and forecasts for the pros make for unreliable market indicators, individual...
It’s a Bubble! It’s a Recession! It’s a Crash!
The Secret to Perfect Market Forecasts No one knows what will happen in the future, so you’re wasting you time paying attention to...
Why I am Crossing Off the Red Cross From My Charity List
Red Cross Needs to Tell All Bloomberg, June 30, 2014 Whenever there is some global catastrophe, we break out the checkbook,...
When Correlations Lie
When Correlations Lie Welcome to the mathematically ignorant, conceptually foolish, money-losing world of single-variable analysis....
Are the Rating Agencies About to Get Their Comeuppance?
Making the Credit Raters Sweat Regulators may be getting ready to punish the credit rating companies for their role in the financial...
Underinvested in US Equities, Overinvested in Hedge Funds
Last summer in Boston, the Trustee Leadership Forum for Retirement Security held its annual meeting at Harvard’s Kennedy School....
How to Make a Killing in Global Warming
The Losing Bet on Climate Change It doesn’t matter whether you do or don’t believe in climate change when it comes to...
The Spending Habits of the 0.01%
Attention peasants: The Greubel Forsey GMT at $549,000 Source: Greubel Forsey I have been hearing a lot about the spending habits...