Blog Archives

Today, Venezuela begged OPEC to convene a meeting to curtail production and boost oil prices. OPEC turned a deaf ear. In case you hadn’t heard, Venezuela is not doing so well. Inflation is rampant, the poor are getting poorer, basic … Continue reading →

Risk is inextricably tied to return. It is not true that taking higher risk means you will see higher returns, What is true is that higher risk raises the probability that you will harvest higher returns. It also raises the probability of … Continue reading →

Countless words have been writ about risk. The topic grows in popularity when markets crash (avoidance), and fades when markets rise. Then, when markets hit new highs, risk becomes popular in another way – people embrace it. Most of the … Continue reading →

This week, JP Morgan Chase revealed that hackers invaded its customer records. On the heels of that announcement, many banks assured customers that ‘security is important to us’. No doubt. The problem is that the evolution of hackers is just … Continue reading →

In a word, no. But stocks could rock and roll for a while. Geopolitical considerations have finally seeped into investors’ collective conscience, perhaps by dint of sheer number and degree of horror. Earnings have been pretty good, but the economy … Continue reading →