The Ownership Society: Worthy Concept, Poor Execution
I am not a great believer in the governing abilities of our former President, George W. Bush, but I do think his concept of having wide swaths of Americans participate in an ownership society was a laudable goal. The concept included large numbers of Americans riding a wave of prosperity engendered through ownership in appreciating assets such as homes, businesses and retirement accounts. This was viewed as a ticket toward upward mobility. At least that was the theory.
Continue reading "The Ownership Society: Worthy Concept, Poor Execution" »
| Permalink
| Comments (0)
| TrackBacks (0)
Why Some Investment Managers Fail to Preserve their Clients' Wealth
Many advisors on Wall Street, including many mutual fund managers, many hedge fund managers and many bank trust departments, fail at their primary task: preserving and/or growing their clients' capital.
Such managers may suffer from the" institutional imperative," or "group think." This is where the players in the market may be blinded by the raw emotion (bullish or bearish) of a given market's movement or trend and act accordingly with the will of the herd.
Continue reading "Why Some Investment Managers Fail to Preserve their Clients' Wealth" »
| Permalink
| Comments (0)
| TrackBacks (0)
Would You Rather Be a Trader or an Investor?
Many people who place their money in the stock market are really traders rather than investors. In fact, I do not think that there are too many long term investors left after what has happened to the market in since September 2008, when the Dow Jones has fallen 6,000 points to 7,500. Long term investing has been somewhat discredited and both a well known financial commentator and an often interviewed hedge fund manager have declared end of such an investing style. See my article to the contrary: Why Long Term Investing in the Stock Market is not Dead.
Continue reading "Would You Rather Be a Trader or an Investor?" »
| Permalink
| Comments (0)
| TrackBacks (0)
