Build an investment bridge over troubled waters

Build an investment bridge over troubled waters

I’ve always loved bridges. Their ability to connect two land masses, allowing people to explore what’s on the other side, has continually captivated me. Here in Michigan, we have the longest suspension bridge (between anchorages) in the world. The Mackinac Bridge, or...
It’s the economy. Or are we stupid?

It’s the economy. Or are we stupid?

Back in 1992, in the early days of a presidential election year, Bill Clinton’s campaign manager, James Carville, famously wrote on the campaign’s office whiteboard, “The economy, stupid!” He was reminding the campaign staff that the economy, then deep in a recession,...
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...