Investment Outlook

Happiness and Market Returns

Click here to view the pdf version. “I'm not in this world to live up to your expectations and you're not in this world to live up to...

Rising Sun

Click here to view the pdf version. “Japan's very interesting. Some people think it copies things. I don't think that anymore. I think...

Best Portfolio Insurance on the Market

Click here to view the pdf version. “By failing to prepare, you are preparing to fail.” - Benjamin Franklin Insurance is a funny thing....

Get Comfortable, It’s Going to Remain Bumpy

Click here to view the pdf version. “If you can’t explain it simply, you don’t understand it well enough.” - Albert Einstein In 1984, the...

Forecasting and the New Year

Click here to view the pdf version. “We have two classes of forecasters: Those who don’t know and those who don’t know they don’t know.”...

Violence, Underperformance and Bubbles

Click here to view the pdf version. “Violence is the last refuge of the incompetent.” - Isaac Asimov The horrific and cowardly terrorist...

November 2015

Click here to view the pdf version. “Whenever you find yourself on the side of the majority, it is time to pause and reflect."- Mark...

October 2015

Click here to view the pdf version. “Nobody goes there anymore. It’s too crowded.” – Yogi Berra Growing up I was never mistaken for an...

August 2015

Click here to view the pdf version. “Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed...

July 2015

Click here to view the pdf version. “Words make you think. Music makes you feel. A song makes you feel a thought.” - E.Y. Harburg I came...