We wrote ten years ago in 2004 about hedge funds, including suggestions and questions to improve prudence. Recently, CalPERS seems to have determined for itself the costs, risks and returns were not worth it. They have simply announced they will […]
Yearly Archives: 2014
12 posts
Is 2007 happening again? This time in bank or leveraged loan funds? Regarding Bank Loan investment market: “It will be hard to call the exact move in interest rates because we’re in a massive global monetary experiment that’s never been […]
How can you tell? They don’t or won’t talk about much less recommend low-cost passive index funds. And they don’t or won’t talk about or own up to fiduciary responsibility verbally or in writing. They may use esoteric terms (words […]
According to the NY Times, “a 36th year went by without another Triple Crown champion, and California Chrome joined 12 other horses who could not get to the finish line first in the Belmont Stakes. Greatness is not prophesied. It […]
Acting as a trustee? Better go to acting classes… A recent consultation involving asset protection trust strategies redounded to a very basic observation applicable to nearly all trustees. As I said on the conference call to the new lay (non […]
The SEC commissioners conducted a brief 55 minute hearing on April 28, 2004 that set the stage for the global financial crisis (GFC) which began to unfold in early 2007 and reached full boil in September 2008. As far as […]
Look up in the sky, is it a bird or a plane, no it’s PE, no not the price earnings ratio, not phys ed, or public engineer nor proper elimination and hardly public enemy, it’s PE as in private equity. In the […]
United States Constitution Congress Flag of the United States Federal Reserve Board SEC (Securities Exchange Commission) FASB (Financial Accounting Standards Board) PCAOB (Public Company Accounting Oversight Board) SIPC (Securities Investor Protection Corp.) NASSAA (North American State Securities Administrators Association) […]
Ever since medical marijuana and recently recreational pot became legal in two states, marijuana stocks are popping up to serve new customers, create sales and profits. It’s estimated over 94 million people in the US have tried pot at least […]
Why your brokerage firm, stockbroker and financial planners don’t have sales or do they? The likes of Amazon, Home Shopping Network and Groupon forced sales into every single nook and cranny of American living rooms and businesses (and when after […]
50th Anniversary of US Surgeon General Smoking warning, today Fiduciary Expert raises red flag on FINANCIAL CANCER 50 years ago, in 1964 the US Surgeon General, Luther Terry announced smoking caused cancer. The tobacco industry decided to hide the truth […]
Sly and the Family Stone came out with “Let me take you higher” in 1969, it seems a sales trader at a large Wall St firm has taken those boom lacka lacka, boom lacka lacka lyrics to heart. It’s true, it […]