Month: October 2016

Great Expectations

  • Investing
  • Charlie Bilello

“Ask no questions, and you’ll be told no lies.” – Charles Dickens, Great Expectations A typical conversation between a hedge fund allocator and a hedge fund manager… Hedge fund allocator: “What are your expected returns and volatility over the next few years?” Hedge fund manager: “15-20% annualized with very low volatility.” Hedge fund allocator: “Great. […]

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“The future is always beginning now.” – Mark Strand Allow me to first off clearly state that this writing is not a political piece.  I’m not a fan of any of our presidential candidates.  There is no other way of describing this election year as anything but a complete and utter sh*tshow.  But as I […]

First, Do No Harm

“It ain’t what you don’t know that gets you in trouble. It’s what you know for sure that just ain’t so.” – Mark Twain Primum non nocere. First, do no harm. As the election approaches, there is one certainty: you will never hear such words from either candidate. Instead, promises of action abound. “If elected, […]

Demographics and Destiny

  • Economy
  • Charlie Bilello

“It is not in the stars to hold our destiny but in ourselves.” – William Shakespeare Can you imagine a world in which population growth is flat? How about negative? Fifty years ago such questions would have been dismissed as absurd. At the time, global population growth was increasing at a rate of 2.1% per […]

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What Happens When Gold is Oversold?

“Don’t gain the world and lose your soul; wisdom is better than silver or gold.” – Bob Marley There is no asset in the world that generates as much love and hate as Gold. There is not a day that goes by without a multitude of extreme predictions on where the yellow metal is going. […]

  • Posted in Gold, Markets
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