Archive for November, 2010

QE2 Sets Sail

By • Nov 23rd, 2010 • Category: Jack Bowers, Mutual Funds, Personal Investing, The Economic Scene

Every financial person in America is caught up with the implications of QE2 – the oh-so-cute name attached to the second round of “quantitative easing” by the Federal Reserve Board. At the same time, the average investor remains fairly clueless as to what impact, if any, this move will have on his or her portfolio. […]



“All-Time Record” Hype

By • Nov 12th, 2010 • Category: 401K, Mutual Funds, Personal Investing, The Economic Scene

Most people, if they see a problem with the media, frame it in terms of perceived bias to the left or right. To me, it’s more a matter of smart vs. dumb.  In our narrow world of investments, there are a few good financial reporters out there, and then there are the rest of them. […]



Are You Smarter than an Investment Advisor?

By • Nov 4th, 2010 • Category: 401K, Mutual Funds, Personal Investing, The Economic Scene

Maybe not. Jason Zweig’s column in the October 31, 2010 edition of The Wall Street Journal contained some sobering news about my colleagues in the money management business.  It appears that the professionals, who get paid in part for giving objective advice, seem to fall prey to the same herd mentality as regular folks. Advisors […]