Blog

Category: Random Musings

“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” – Arthur Schopenhauer The degree to which misinformation is spread and believed is remarkable, a theme I expressed in last week’s writing.  But what is even more incredible is the extent to which […]

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.” – Thucydides Welcome to the Great Tranquility ladies and gentlemen.  Now start getting very afraid. As Charlie Bilello (Twitter: @CharlieBilello) noted recently, the S&P 500 hasn’t had a […]

Dear Fed, Please STFU

*Beta Rotation Index, +9.04% Year to Date thru 8/26/2016, remains in offense mode (click here for why this matters) *Pension Partners Tactical Exposure Model +12.93% Year to Date thru 8/26/2016 Dear Fed, We have come to a point in time where you are causing more harm than good.  For decades, your role as not only […]

“We do not remember days, we remember moments.” – Cesare Pavese I’m a huge fan of LinkedIn.  I’ve used it for years to both reach out to journalists/producers, and also to network with others in the investment management business. Never did I look at it as an investment, purely because stock-picking has been proven time […]

Pure Insanity

“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.” – Friedrich Nietzsche Can we all just step back for a moment and consider the complete insanity that is gripping markets? December ended with the first Fed interest rate hike in nearly a decade after years of talk that […]