Month: April 2016

Well it’s officially over.  The golden era of investing is no more, at least according to McKinsey & Company’s latest research.  “The forces that have driven exceptional investment returns over the past 30 years are weakening, and even reversing. It may be time for investors to lower their expectations.”  According…

For investors, it’s more valuable to be wise than intelligent.  The investment world is littered with the carcasses of funds run by the ‘smartest guys in the room’.  In the investing ecosystem, intelligence is a given.  Ivy League credentials saturate fund manager bios.  Sophisticated quantitative models crunch numbers while algorithms trade…