How Things Work

By | December 20th, 2016|Advisor Insights|

Like science, movie trivia, and hitting a curveball, investing knowledge is supposed to be cumulative. All of us, in other words, have opportunity to benefit from those who have already learned — and taught — how things work. “You must weigh not only the alluring probabilities of being right, but the dire consequences of being [...]

Still Crazy After All These Years

By | December 6th, 2016|Advisor Insights|

In case it’s not on your calendar, today marks the twentieth anniversary of Alan Greenspan’s famous “irrational exuberance” speech. Legend holds that the Fed chairman, who was thought to be around 120 years old at the time, came up with the term one morning while writing a speech in his bathtub. Good luck getting that [...]