The Other Free Lunch in Investing

Harry Markowitz, the father of modern portfolio theory, is credited with the phrase “diversification is the only free lunch in finance.” I have nothing but the utmost respect and admiration for Mr. Markowitz and… Read more »

Groundhog Rates

When it comes to the bond market, the past eight years or so have felt like a scene from the movie Groundhog Day.  Only instead of Ned Ryerson, it’s been Ned… Read more »

There’s an @ for that

I don’t know what I would do without Twitter. Which is funny, because for the longest time I didn’t really *get* Twitter.  Technically, I opened my Twitter account in April… Read more »

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