What Will The "Wizards of Wall Street" Think Up Next?

image credit: ZeroHedge. Well, that was fun! The largest point drop in the Dow Jones Industrial Average (DJIA) in history on Monday February 5, 2018.  Of course, the financial news media had a ball reporting on this historic day, regardless of the fact that when prices go higher, the impact of a higher...
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Active vs. Passive Redux

As investment managers who have espoused the value of actively managing a portfolio to try to beat average market returns, we have consistently brought investors' attention to those arguments in favor of such an approach.  We are particularly attentive when we see others making the arguments for us.  We have referenced the topic in...
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