Reading the December issue of Vanity Fair, I came across a curious find.
Bold Forecasts but Timid Choices
WHEN I WAS MUCH YOUNGER and new to working in the capital markets, an excellent mentor taught me a market maxim that has served me well. More money has been lost because of four words than at the point of a gun. Those four words are “This time is different.”...
Why Do Most Advisors Think They're Above Average in Intelligence?
Why I’m skeptical--and will remain so--of supremely confident market prognosticators.
Our Worst Enemy
I was in my car listening to afternoon drive-time, psychobabble BS when the guest said, "I don't fix problems, I fix people." Simple enough--people cause...
At Morningstar Conference, Don Phillips Says Watch Four Trends
Regulation, trust, complexity, and risk are trends to watch as the Morningstar Investment Conference kicks off
Morningstar Confab: Watch Four Trends, Says Phillips
Regulation, trust, complexity, and risk are trends to watch as the Morningstar Investment Conference kicks off in Chicago.
Longevity, Your Clients, and You
When Ben Bernanke steps outside the realm of fiscal and monetary policy, it's sensible to take notice. On April 7 of this year, the Federal...
The Wisdom of Dr. Butler
On Alzheimer's: "It's the most common form of dementia, but there's no evidence that it's more frequent than before. It's simply that more people are...
Nobel Laureates Call for Fiduciary Standard
A group of American luminaries, including Nobel Laureates, top academics, economists and financial industry statespersons calls for the fiduciary standard in financial reforms.
Investing in Self Awareness: The Path to Better Selling
The self-aware professional confronts selling situations by examining the process. The goal is to learn, improve and reduce the chance that a misadventure will occur.