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The Labor Department Is Tearing Down a Landmark of Investor Protection

This article was written with Kurt Schacht and published by Barron’s. At the time he was head of policy for CFA Institute. It was one of several articles we worked on together regarding market integrity. In addition, I negotiated a column for Mr. Schacht on nasdaq.com where we wrote a number of articles on market integrity and other capital markets issues.

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Reminiscing The IPO Market

The unicorns are filing one after another for initial public offerings and the excitement in the IPO market is taking me back to 1982, when I was working at a publication called Going Public: The IPO Reporter, the pre eminent journal tracking initial public offerings. I joined the staff in late 1982, and the total tally of

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How To Avoid Getting Wiped Out By The Next Harley Davidson

This article was written with Jim Cahn, the Chief Investment Officer at Wealth Enhancement Group. It was part of a series of articles developed under an agreement with Forbes to work with a variety of contributors and assist them in delivering actionable investment ideas each week. The site forbes.com is one of the top 500 sites in the world with nearly 10 million subscribers and nearly 100 million page views a month.

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Active vs. Passive: Game Over

I just finished a white paper for a large financial institution on the well worn topic about which is better: active or passive investment strategies. Sometimes, it’s productive revisit old topics because they bring a fresh perspective that either reinforces ones’ conviction or makes a slight chink in the wall that slowly exerts its influence

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How CEOs Scare Investors

When portfolio managers take a position in a company’s shares, or even think about taking a position, it’s a highly analytical process.  But interpersonal dynamics have an impact too. When a CEO makes an investor’s Spidey sense tingle, it can derail the investor’s interest.  Here’s some ways I’ve seen CEOs get on the wrong side

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CEO TV:  The Wave Continues

On Monday, I wrote about the wave of CEOs on TV following earnings reports and offered that keeping quiet after earnings can work too. And then none other than Apple’s chief executive officer Tim Cook joins the movement by appearing on Jim Cramer’s Mad Money Monday night. Why would he do this?  Here’s two theories. First,

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