One of the things I enjoy the most about my business is that I make time to read the great investment management books of our time. These books include economics, behavior, and investment management strategy. I am a big fan of the work of psychologist Daniel Kahneman....
I was up way too late the other night watching cable TV. I guess that I am too old to figure out how to watch TV on my computer. I came across a documentary on professional poker players. One of the poker players interviewed made a great point about poker strategy. I...
The large financial services companies spend tens of millions of advertising dollars every year. Their main message is always the Big Three investment management advice–asset allocation, diversification, and rebalancing. The end result is that most individual...
Individual company 401(k) retirement plan participants spend all of their time worrying about the stock market. Working investors hope and pray that trend the stock market trend of the last seven years continues. I have never sat in front of a company 401(k)...
Last week, I did a review of the company 401(k) retirement plan account mutual funds holdings for a parent that I knew from my daughter’s high school dance team. I thought that what I found would make for an interesting blog post. I reviewed the most recent...
There seems to be an emerging trend in personal financial media. That is to blame the underperformance of company 401(k) retirement plan accounts on company 401(k) retirement plan sponsors and providers. In recent weeks, I have sat down with more than one Minnesota...