Forget trends and patterns: Randomness rules the stock market

Despite impressive evidence that most short-term movements in the markets are random, professional and amateur investors alike continue to throw hundreds of billions of dollars at strategies designed to ...

Financial gurus can be too simplistic

Best-selling author Suze Orman has become a veritable guru to women (and many men) who want to get a handle on their finances. Through her books, television shows, and personal appearances, Orman has preached ...

Client Letter – Q1 2007

Please take a moment to remember the 3.3% decline in the Dow, which occurred less than a month ago (and was caused by the sell off in Asian markets).  Now, look at your performance reports.  You’ll ...