“A wise man… proportions his belief to the evidence.” David Hume, An Enquiry Concerning Human Understanding (1748). It always seems fitting after the first quarter of any year to make some analogy to the NCAA college basketball tournament, and this year is no different.
The topic of high frequency trading has been in many discussions recently with the release of Michael Lewis’ new book “Flash Boys”.
I have been afforded the rare opportunity to work with and spend time with the Nobel Prize-winning economics pioneer, Dr. Harry Markowitz, also known as the “father of Modern Portfolio Theory”.
“Market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”
George Soros. One of the hottest topics of the past few years has been the meteoric rise of the price of gold.
Many people today are concerned that they will outlive their money. A common question of baby boomer retirees is: When should I begin collecting Social Security – at age 62, 66, or 70? Waiting until age 70 to begin receiving benefits could result in receiving up to 8% more in monthly payments.