Where my attention has been this week. Reading Nick Maggiulli blends Malcolm Galdwell's Tipping Point into the investment landscape and asks What Is Your Financial Tipping Point? Patrick O'Shaughnessy presented his 3rd Quarter Investor Letter with a deep dive into answering the question of whether there is alpha within factor investing as it relates to stock … Continue reading What I Was Doing On The Farm This Week
My Latest Blog Posting. Where my attention has been this week. Reading NY Times article showing stock company buybacks not supporting the market this week. Ben Carlson makes The Case For Bonds. Chicago Tribune on The Eddie Lampert and Sears Saga Michael Batnick on this week's U-G-L-Y Market. Vanguard brochure on how their factor ETF … Continue reading What I Was Doing On The Farm This Week
John Maynard Keynes is quoted from 1936's "The General Theory" to describe herd mentality of professional money managers. Keynes, the father of Keynesian Economics writes, It is the long-term investor, he who most promotes the public interest, who will in practice come in for most criticism, wherever investment funds are managed by committees or boards … Continue reading Herd Mentality: Where’s the Beef?
In F. Scott Fitzgerald's Masterpiece "The Great Gatsby" the narrator Nick Carraway was in the bond business. We learn that Nick, "decided to go east and learn the bond business. Everybody I [Nick] knew was in the bond business so I supposed it could support one more single man." We don't learn much more about … Continue reading Great Gatsby and The Bond Business
Many people mark the beginning of the Great Financial Crisis (GFC) with the bankrupty filing of Lehman Brothers. There has been a variety of amazing content this week marking the anniversary some of which I'm linking to below and will discuss within the context of my story. My story is not an amazing behind the … Continue reading 2008’s GFC: Fired on Your Birthday