We’ve been harping on the importance of plain language in investment product fee statements, which we believe in strongly. But as Brett Arends explains in a recent WSJ column, it’s not just fees that suffer from obfuscation. Financial advisors need to speak to clients in plain language about the entire […]
Mick Weinstein
380 posts
Dealbreaker posted the 1Q11 letter to shareholders from David Einhorn’s Greenlight Capital. The hedge fund went long Yahoo last quarter – here’s why: The Partnerships established a new position in Yahoo! (YHOO) at an average cost of $16.93 per share. The company developed an extraordinary anti-shareholder reputation in recent years, […]
Dealbreaker posted the 1Q11 letter to shareholders from David Einhorn’s Greenlight Capital. The hedge fund went long Best Buy (NYSE: BBY) last quarter – here’s why: Best Buy Inc. (BBY) operates consumer electronics stores in the U.S., Canada, Mexico, Europe and China. The market is concerned that BBY has reached […]
A lot of good material has come out recently to illustrate the U.S. dollar’s decline and what it might mean for investors. Here are a few particularly worthwhile pieces. – First, some perspective. David Singer’s annotated long-term chart of the USD Index shows that while the recent drop has been […]
Covestor model manager Carter LeCraw was recently a guest on News@7. In the interview embedded below (hit the play button to listen), Carter discusses his firm’s values-based investing approach, which seeks exemplary companies demonstrating values of “integrity, humility, diligence, and caring.” Carter’s firm American Values Investing manages the American Heroes […]
Author: Mark Holder Covestor Model: Opportunistic Arbitrage Disclosure: Long FCX In the financial world these days, information is loosely passed around as fact whether correct or not. That makes the following table interesting, because a lot of people talk about copper and investing in the sector, but this has to […]
From Econstories.tv, here’s the much awaited sequel to 2010’s Fear the Boom and Bust, a Hayek vs. Keynes Rap Anthem. With the market riding high following massive government spending, but U.S. unemployment still around 9%, it’s time for round two: Background from the creators: According to the National Bureau of […]
A number of Covestor models use leveraged ETFs as part of their investment strategy. SymmetricInfo has a two-part post illustrating the mechanics of leveraged ETFs that work on a daily return basis, and the potential pitfalls in these securities that not all investors are aware of, despite (in some cases) […]
Author: Vivian Lewis Covestor model: International Yield As North Koreans starve while their regime totters on, as Bashir Al-Assad shoots people in areas of Syria opposed to his dynasty, a question springs to mind: Who exactly is the sovereign for whom sovereign wealth funds invest? Is it the regime? Is […]
Not a new question, but this is a remarkable answer that any Microsoft or software sector investor will appreciate, as will any student of corporate and innovation culture. From former Microsoft employee Hussein Kanji, on Quora: . . . I was at Microsoft in recent years, 2002-2005, and was recruited […]
Until recently, we displayed Covestor model portfolio performance in comparison to just one benchmark, the S&P 500. This large-cap U.S. equity index was a helpful benchmark for a portion of our models, but for those with different mandates – like small-cap stocks or international focused portfolios – the S&P 500 […]
31, 2011, an increase of approximately 46% from March 31, 2010 and an increase of approximately 38% from December 31, 2010. AWP segment backlog increased