A Hidden Risk You Never Saw Coming
Ken Griffin is a hedge fund manager with an enviable net worth of $7 billion. According to published reports, he recently settled a contentious divorce dispute with his wife, Anne Dias Griffin, shortly before it was scheduled to go to...
Your ‘Wealth Advisor’ Probably Isn’t One
Last week, I wrote about an experience I had with a broker who took offense at the use of the term “broker” in a talk I gave to a group of investors. I found that odd because he is employed...
A Simple Tool for Getting Better Financial Advice
If a financial adviser doesn’t know what’s going on in a client’s life, the advice will suffer. Here’s one easy way to fix that. True story: Many years ago, I was meeting with a married couple for an initial data-gathering...
‘Cycle Factor’ Can Predict Returns
Anna Cieslak and Pavol Povala—authors of the paper “Expected Returns in Treasury Bonds,” which was published in the September 2015 issue of The Review of Financial Studies—examined the time variation in the risk premium that investors require for holding Treasury...
To Get at the Root of Spending, Pay Attention
In personal finance, almost all of the advice we come across seems to focus on playing defense. We’re always looking for ways to build bigger and better walls to protect ourselves from bad behavior: Cut up the credit cards. Pay...
Learning to Deal With the Impostor Syndrome
On paper, your investments in stocks, real estate or even cash may look like your greatest assets. While all those things are superimportant, you have something else that’s even more valuable. It’s the investment called you. Finding ways to increase...
