by Spencer Ogden | Oct 16, 2023 | General
Investment returns are measured in percentages, but dollars make an impact On a recent earnings call, one of our companies’ CEOs said “we bank dollars, not percentages.” Often, financial numbers like margin and rates of growth are shown as percentages, but he was...
by Spencer Ogden | Apr 24, 2023 | General
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...
by Spencer Ogden | Nov 17, 2022 | General
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. Conventional wisdom was that...
by Spencer Ogden | Oct 20, 2022 | General
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. The scene is a smokey french bar...
by Spencer Ogden | Jun 8, 2021 | General
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. The next year, software was released making Bitcoin the first...
