Category Archives: The Business of Investing
Vanguard founder Jack Bogle is an icon, but he needs to refine his rant…
I can’t say enough good things about Jack Bogle, who has been THE paragon for prudent and sound investing for the last four decades. He has, to my knowledge, been completely consistent in speaking out about the negative impact of … Continue reading
Posted in Ethics in Investing, Investment Philosophy, Taxes, The Business of Investing
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What passes for “advice” these days…
Yesterday I heard a financial advisor from Wells Fargo speak on what to expect from the markets in 2012 and what to do with one’s portfolio. I normally wouldn’t waste my time, but he is someone I know from a … Continue reading
Posted in Market Thoughts, The Business of Investing
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DIY Investing
When faced with the choice between investing on your own or hiring someone else to call the shots with your hard-earned money, it is no surprise that many choose to go it alone. While investors’ memories are short, the asset … Continue reading
Posted in Investment Philosophy, The Business of Investing
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Caution: past performance IS a predictor of future results – poor results
I often refer people who continue to believe in active management to Standard and Poor’s semi-annual SPIVA studies that show very clearly how the vast majority of active managers consistently underperform their relevant benchmarks across asset classes and time periods. … Continue reading
Posted in Investment Philosophy, The Business of Investing
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The importance of perspective
(This commentary is a little longer than usual, but I consider it very important for those interested in how Frontier thinks about investing.) There is a tremendous amount being written on a number of what I consider to be short … Continue reading
Posted in Emerging Markets, Investment Philosophy, Market Thoughts, The Business of Investing
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Review: “Inside Job”
I recently saw Charles Ferguson’s documentary, “Inside Job,” about the current financial crisis and I have a few thoughts to record. The movie was thoughtful, provocative, compelling, and sobering, and it did a tremendous job explaining some very difficult concepts … Continue reading
Posted in Ethics in Investing, The Business of Investing
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Einsteinian investing
Einstein once said, “Everything should be made as simple as possible, but not simpler”. This bit of wisdom works exceptionally well in so many areas of life, but it is particularly good advice for investing. Unfortunately, most investment firms do … Continue reading
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The true cost of investing
By now many of you are aware that I try to get people to think about their relationship with their investment advisor in terms of three things: advice, portfolio construction/management, and fees/costs. I recently distributed a shortpaper that covered all … Continue reading
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Evaluating investment firms
There are certain topics that are crucial for investors to fully understand. Attached is a shortpaper I authored, Evaluating Investment Firms, that covers some of the fundamental topics any investor should consider before hiring an individual or firm as a … Continue reading
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