Tag Archives for " investments "

Aug 25

Supreme Court Gives Two Thumbs Up to Modern Portfolio Theory

By Steven Smith | Investment Management , Meanderings , Money , Risk Management , Wealth Management

In our estimation, the last week of the United States Supreme Court’s 2013/2014 term was a watershed for Modern Portfolio Theory and the Efficient Market Hypothesis; two essential components in the notion that publicly available information is rapidly incorporated into the prices of securities traded in a robust public market. For a generation now, intelligent […]

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May 08

A Commentary on the PBS Show The Retirement Gamble

By Steven Smith | Financial News , Investment Management , Meanderings , Retirement , Risk Management , Small Business

PBS recently aired a Frontline show entitled The Retirement Gamble, profiling the 401(k) industry. If you missed it, it can be viewed here. Polemic in tone, the show is highly critical of the country’s evolution from defined benefit pension plans toward defined contribution 401(k) type plans, and in particular the culture of the industry that […]

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Apr 25

1st Quarter 2013 Market Review

By Steven Smith | Financial News , Investment Management , Newsletters , Risk Management , Wealth Management

Following up on my 1st Quarter Client Note, I am providing a more robust and detailed review of the world capital market performance, graciously provided by our friends at Dimensional Fund Advisors. Attached is their Quarterly Market Review. The report includes: a global overview, timeline of events, and the returns of asset classes in both US and […]

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