Low Risk, Great Returns
Take a look at the following chart*, which was published in a book I am reading called “Adaptive Markets” by Andrew Lo. Based on the performance you see here, if you were to invest your entire life savings into one…
What’s Your Carry?
Most people are unfamiliar with the investing term “carry”. Carry is simply the cost or benefit of owning an asset. Bonds have a “positive carry” since they give you periodic coupon payments. All things being equal, bonds pay you to…
Lost Client, Lost Upside
Our firm recently lost a client. When we lose a client, which happens from time to time, we always reach out to that client to thank them for their business and ask why they left. This particular client had a…
The Worst Asset Class in 2017
Most people know that stock markets across the globe had a great year in 2017. Few people take the time to review what didn’t work in the past year. This chart from Deutsche Bank helps us visualize the returns (in…