The good tidings of the holidays and beginning of the 2019 new year bring with it fervent hopes for things to improve, get better and this: for switches in trustees and new board of directors appointments. Let me make this […]
Prudent Investment Management
5 posts
A budget, like lane markers on a freeway is a basic tool to help provide guidance as to the amount or range estimate for a particular or group of expenses, fees, costs, or other cash outflows. Another way to state […]
(The new rule is also known as the Conflict of Interest rule). American retirees better get used to a new word, fiduciary. It’s pronounced (fi-do-she-er-ee). In a nutshell, retirees need to better protect their retirement “nest eggs” from financial advisers […]
We wrote ten years ago in 2004 about hedge funds, including suggestions and questions to improve prudence. Recently, CalPERS seems to have determined for itself the costs, risks and returns were not worth it. They have simply announced they will […]
Is 2007 happening again? This time in bank or leveraged loan funds? Regarding Bank Loan investment market: “It will be hard to call the exact move in interest rates because we’re in a massive global monetary experiment that’s never been […]