Monthly Archives: August 2015

Fireside Markets Episode 10: Philosophy, Psychology and Markets with Patrick O’Shaughnessy

In this episode of Fireside Markets, host James Osborne has a great conversation with Patrick O’Shaughnessy, author and portfolio manager at O’Shaughnessy Asset Management.  We discuss high conviction active management strategies, Patrick’s book Millennial Money, Patrick’s new blog, as well as reading, philosophy and the psychology behind financial markets. Items mentioned in this episode include: Patrick’s Book Millennial Money […]

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On the other side of the mic

I recently found myself on the other side of the microphone, being interviewed by Steve Sanduski for his Belay Advisor podcast.  Be forewarned, this is pretty “inside baseball” and I spend a lot of time talking about the industry and what it has been like to build my practice from scratch. If you’re into that sort […]

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I suppose I should have a comment about today

Pretty nasty stuff in the market today. I struggle to come up with a great comment on this, aside from “it happens.” It really does. Yes, a 3% down day is bad even by historical standards, but it’s happened before. It’ll happen again in your investing lifetime. Maybe even soon! The funniest thing about today […]

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The worst question of them all

It’s summer, or at least it was recently until our oldest went back to preschool.   Summer means family gatherings and kid’s birthday parties and BBQs and a pretty jammed social calendar for us. I try pretty hard to avoid the “professional” talk at social events, but I’m never 100% successful.  Inevitably, somebody asks the question. I really […]

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Perpetuating Nonsense & Ignoring the Facts

A client sent me this piece from last weekend’s WSJ: “An Index Fan Goes More Active” (paywalled, sorry). The Journal does this regularly, interviewing an advisor to get a “hot take” on the markets and how professionals are recommending their clients invest. I hate these, of course, because it reflects the worst of what an […]

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I think a lot about the concept of “enough.” Of course, it comes up regularly with clients. How much of a nest egg is enough? Do we have enough? Am I saving enough every year? Do I have enough life insurance? Do we have enough for the kids’ college? There’s another side of this story, […]

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