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How Do Active Managers Invest Their Own Money?

The Big Picture

But they also asked questions about how these managers invested their own monies. Robin buries the lede in his discussion, but allow me to correct that oversight: “ Active managers invest their own capital passively.” ” It’s is worth your time to delve into the entire discussion.

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What If You Only Invested At Market Peaks?

A Wealth of Common Sense

In 2014 I wrote a piece called What If You Only Invested at Market Peaks? I’m at Future Proof this week with 4,000 friends in the financial advice space. Here’s a look back at the most popular post in A Wealth of Common Sense history. *

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Market Concentration

The Big Picture

Bryan Taylor, Chief Economist at Global Financial Data, breaks these into seven distinct eras over the past 235 years: 1790 to 1840 The Bank of the United States Dominates 1840 to 1875 The Rise of the Railroads 1875 to 1929 The American Commercial Revolution 1929 to 1964 The First (..)

Marketing 312
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MiB: Annie Lamont, Managing Partner of Oak HC/FT

The Big Picture

Prior to founding Oak HC/FT in 2014, Annie spent 28 years at Oak Investment Partners, where she served as a Managing Partner and led the healthcare and fintech practices. This week, we speak with Annie Lamont, Co-Founder and Managing Partner of Oak HC/FT.

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We Are Ready For Prime Time

The Reformed Broker

This week, Michael Batnick, Cathie Wood, and Downtown Josh Brown discuss investing in innovation, AI fact vs fiction, how big Tesla can get, why Ark bought Nvidia in 2014, Zoom vs Google Meet vs Microsoft Teams, and much more! Welcome to the latest episode of The Compound & Friends.

Investing 246
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Thursday links: investment and entertainment

Abnormal Returns

Gox disappeared overnight in 2014." (fortunesandfrictions.com) What lessons are investors going to take away from 2022? blog.validea.com) FTX Felix Salmon, "The collapse of FTX is the most consequential failure the crypto world has seen since Mt. axios.com) The FTX empire is complicated to say the least.

Investing 130
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Harvard Endowment Underperformance, part MMXXIV

The Big Picture

Investment performance has never recovered. November 29, 2009) Harvard: Not So Smart After All (December 4, 2008) Archive: University Endowments Sources : Harvard ignored warnings about investments ( Mirror ) Advisers told Summers, others not to put so much cash in market; losses hit $1.8b

Medical 167