Author Archives: Rick Lesan, CFA
Thoughts from the frontier…and John Bogle
Happy 2010 everyone, I know I’ve been silent for a while – I just thought I would respect everyone’s holiday period and allow you to get your new year comfortably started before bombarding you with things to think about regarding … Continue reading
Posted in Investment Philosophy
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Are they good or just lucky?
Today I was reminded of a research paper by a couple of my favorite academics that helps validate the intellectual foundation of our investment philosophy at Frontier. The study is called “Luck versus Skill in the Cross Section of Mutual Fund Returns” and is … Continue reading
Posted in Investment Philosophy
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Year end tax thoughts
I expect some investors’ thoughts are drifting toward their portfolios as they consider the rapidly approaching end of the 2009 tax year. The calendar year end creates a big ticking clock for investors to harvest any capital losses that may be … Continue reading
Posted in Taxes
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Justification for emerging markets investing
Here is a link (Building success) to a recent article by Financial Times capital markets correspondent David Oakley, where he very succinctly describes some of the justifications for emerging markets investing. This article speaks about emerging markets investing much like I do and … Continue reading
Posted in Emerging Markets
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A few thoughts using Goldman as a backdrop…
I just came across this article (Goldman’s secret bets) and thought it illustrated a few things we all should be thinking about if we aren’t already. The article is about Goldman Sachs and, while beginning as a story about how Goldman crosses … Continue reading
Posted in Ethics in Investing
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