Why risk management matters

Why risk management matters

This weekly column has explored the topic of risk management in some detail over the past three months, addressing several questions: Are the retail investor and financial adviser underserved by the buy-and-hold philosophy? What is the potential role for dynamic...
Do you have risk amnesia?

Do you have risk amnesia?

Successful investors know managing risk is as important in good times as in bad. Last week I heard a couple of unrelated items that brought to mind a good investment practice every investor should follow: risk management. However, as with many things in life, good...
“Green light” for the U.S. economy?

“Green light” for the U.S. economy?

With Labor Day now in the rearview mirror, most schools are back in session, and fall weather is going to be very welcome in many parts of the U.S. It has been a brutally hot summer in several regions, including my home base in Connecticut. Sunday’s heat index here...
In the eye of the beholder?

In the eye of the beholder?

My favorite flower is now in bloom here in Michigan. Yet most people consider the fireweed (Chamaenerion angustifolium) just what its name implies: a weed, not a flower. However, once you’ve seen, as I have, the plains and foothills of Alaska covered with a veritable...
Don’t let your core go to waste

Don’t let your core go to waste

I drove by the cider mill this weekend and saw workers preparing to reopen for the fall season. It’s hard to believe that summer is already winding down. Apples have always been a major local fruit here in Michigan—right up there with cherries, grapes, and...