A recent article in The Wall Street Journal reported that a number of hedge fund managers have been investing in the art market, often seeking newer or out of favor artists with a view to the traditional trading approach of “buy low, sell high”. This is not surprising, as hedge fund managers have a long … Continued
The North American International Auto Show is currently in Detroit and a quick look suggests that the major theme is “bigger and faster”. The car of the year is the Chevrolet Corvette Stingray, a street legal rocket, and the truck of the year is Chevrolet’s Silverado, a 5,000 lb. behemoth. The industry has made great … Continued
Can’t is not a synonym for “won’t”. A recent article in U.S. News & World Report by Robert Berger made some interesting points with the provocative headline “Would You Give Up Cable to Retire Early?”. http://tinyurl.com/nw9s987 The key point in his article was based on the effect of compound interest. He postulated that the average … Continued
Today, my son-in-law, Captain Jeffrey Lehnert, USAF, marks his final day in uniform in service to the people of the United States of America. During his seven years in the US Air Force, he served in the United States, Europe and Iraq. I am proud of him and wish to both congratulate, and thank him, … Continued
These seem to be the choices for many citizens in the Middle East. Over the last few years the world has seen numerous instances of bullets trumping ballots, leaving a trail of human misery. Investors are not well positioned to address these issues. However, while hoping for the best, investing, particularly by fiduciaries, requires an … Continued
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