Investment returns are measured in percentages, but dollars make an impact

On a recent earnings call, one of our companies’ CEOs said […]

What do Banks, Custodians, and Brokers actually do?
The last few weeks have brought heightened scrutiny of the companies we trust with our money. Each time there are high profile bank failures – today, 2008, the S&L crisis – savers, investors, and regulators are forced to ask questions about how our system is organized, regulated, and insured. 

A lot can happen in a week, but is it important?
Last week offered an extreme example of the futility in trying to trade on headlines. At the start of the week, the election dominated headlines, and a red wave was assumed to be incoming...

Investing for the long-term isn’t always exciting
When talking to a client about venture capital investment, and the excitement of being involved in the startup world, I was reminded of a story from Jon Krakauer’s book Eiger Dreams. 

Investment opportunity, disrupter, fad?
Twelve years ago, in the depths of the financial crisis, a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System'' was published under a pseudonym.