Monthly Archives: May 2016

Permanently bearish commentary

“May you live in interesting times.” The world is a pretty amazing place, moreso today than ever before. We have instant-on, ready access to more information that even existed 100 years ago. Better research, more powerful computing, more data, more robust data and more analysis of that data are all in my pocket (okay, plugged […]

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All your margin are belong to us

(If you don’t get the reference.) I suppose many will read this and say “Enough already, James” but here I go again. A big study came out this week on current average advisory fees. There aren’t really any surprises here and it is very much in line with what else I’ve seen, including the passive/”low […]

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