Monthly Archives: January, 2011
The Perils of Reaching for Yield
Are you reaching for yield? This article in Bloomberg Businessweek illustrates the perils of reaching for yield in reverse convertibles. If the yield looks...
The Latest American Export: Inflation
The Latest American Export: Inflation By Ronlad McKinnon, The Wall Street Journal
"Now we have what one might call the Bernanke shock. The Fed has...
Know Your Limits
Charles Plosser, the President of the Philadelphia Federal Reserve Bank gave a speech in Chile over the weekend titled The Scope and Responsibilities of...
You are paying 2 and 20 for what?
The typical fee structure for a hedge fund is a 2% management fee and 20% of the profits. After reading this article in the...
Up 5,000% in 10 Years
Do you dream of buying shares of the next Microsoft before they take off? How about the next Apple? Apple shares are up 4,200%...