Let me take you back to a simpler time. There were protests, riots, war, assassinations, sex, and drugs. Of course, I am referring to the sixties and seventies. Some people confuse the word simple with innocent. While the fifties might have been innocent, most of us would not consider the sixties as simple. As individuals […]
Advice for decision makers You are interviewing three candidates to find a new financial investment manager. You ask the first prospect if: a) (fill-in – interest rates/stocks/bonds/economy) are going to go up or down. The potential advisor gives you a confident answer that things will be going up and good reasons to back it up. […]
The guy who invented the first wheel was an idiot. The guy who invented the other three, he was a genius. -Sid Caesar Collaboration (Part I) Think dinosaur. Big massive body with a tiny head and a long tail should come to mind. Let’s use that metaphor for money exchange, idea exchange, and where most […]
When the bottom fell out of the economy at the end of 2008, a lot of people had to change a lot about their lives. Some who saw their retirement accounts drop by 40% or more had to put off retirement. Some people lost their houses. Some, like one client I had, just wondered if […]
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