Season Investments



Long In The Tooth?

Posted on Jul 29, 2014

If you do a simple google search of “market long in the tooth” you’ll discover how widely used this phrase can become once a market has been in a steady uptrend for a significant period of time. But when someone asserts that a bull market has grown long in the tooth what exactly are they trying to say?

The Last Truck

Posted on Jul 22, 2014

Much of the research coming across our screen in recent days has highlighted the potential potholes in the road ahead for investors. More and more pundits are calling the structural integrity of the bridge into question, and people are beginning to guess how many more trucks might be able to cross before the whole things starts to crumble.

An Update on the Fed

Posted on Jul 15, 2014

Janet Yellen is presenting the first of two days of testimony to Congress in which the Federal Reserve Chair will deliver prepared comments that is followed by grueling questioning. All eyes and ears are fixed on any additional guidance and insight Ms. Yellen might provide into when and how the FOMC might begin to shift its policies.

The Capitalist Dilemma

Posted on Jul 8, 2014

Over the past couple years, much attention has been given to the wealth gap here in the United States and around the rest of the world. The question we must ask is whether the current gap between the “have’s” and the “have not’s” creates a fundamental problem for our society and if so, how do we fix it?

Peer-To-Peer Is Here!

Posted on Jul 1, 2014

After over a year of due diligence on peer-to-peer lending, we are happy to announce a new managed account offering for our clients on the Lending Club platform. For those that are still somewhat unfamiliar with peer-to-peer lending, we will review the industry and the lending process in this week’s Insight.

Ignorance Is Bliss

Posted on Jun 24, 2014

This week we wrap up our four part series on the harmful effects of news consumption. We look at one of the aspects of Warren Buffett's investment success and two reasons why news can hinder rather than help investors in reaching their investment objectives.

Side Effects May Vary

Posted on Jun 17, 2014

This week we finish looking at the last five dangers of news consumption outlined in Rolf Dobelli's research paper Avoid News: Towards A Healthy News Diet. At the root of it all, we must all understand that news outlets and the media in general are all in the business of making money rather than the more altruistic goal of creating a more informed public.

The Cost of Paying Attention

Posted on Jun 10, 2014

Last week we introduced a four-part Weekly Insight series on how the regular consumption of news might actually be detrimental to decision making. We covered the first five “toxic dangers” of news as laid out in Rolf Dobelli’s research paper entitled "Avoid News: Towards a Healthy News Diet" and this week we will cover the next five dangers.

Brain Sugar

Posted on Jun 3, 2014

The constant consumption of news does not allow us to predict the future with any certainty, and there is no guarantee that it will even make us better money managers over the course of our career. In reality, "news is to the mind what sugar is to the body."

When To Take Social Security

Posted on May 27, 2014

The question of when to start taking Social Security benefits is asked time and again by individuals approaching retirement. Unfortunately the skepticism surrounding the Social Security program, may be causing people to make ill-informed decisions about when to start taking their benefits.

Mixed Signals

Posted on May 20, 2014

A lot has been made in the financial media recently of the behavior of the bond market in light of the stock market rising to new heights. So far this year this historical relationship has not held up. This has surprised most market participants given that the strong consensus heading into 2014 was that bond yields, hovering around 3% at the time, were going nowhere but up.

Subprime Goes To College

Posted on May 13, 2014

A lot has been made of the so called “student loan crisis” in the financial media in recent months. Increases in default rates and student borrowing have led to a wave of hand-wringing and doomsday predictions. While there is a lot to be concerned about in this credit sector, there are a variety of reasons why such comparisons are overblown.