Posts filed under “Asset Allocation”
Tony Robbins is a self-help genius. He has sold millions of books that many people believe helped them realize their full potential. He understands the human psyche. As a motivational speaker, he knows what a person must do to overcome everyday struggles to “self-actualize,” and awaken the giant within. People love his seminars (although I suggest you skip the walking on hot coals part). His counsel is sought by athletes, rock stars, CEOs, hedge-fund managers, presidents, even Oprah.
Then there is his financial advice.
As happens so often with accomplished people, they begin to believe their achievements in one field can carry over to another. Michael Jordan was a mediocre baseball player, despite being perhaps the greatest basketball player ever. Nobel Prize-winning physicist William Shockley practically invented Silicon Valley, turning California into the technological hotbed of innovation it is today. He was less successful dabbling in the eugenics of race, proposing financial rewards for the poor and those he deemed genetically disadvantaged — that’s code for black — if they volunteered for sterilization.
There is always risk of overreach when people venture outside of their skill set and into other fields. Such is the case with Robbins, who has decided to dabble in financial advice.
A few weeks back I asked readers “What city next?” for our regular visits with clients. A surprising number of you suggested New York City. I thought that was a fantastic idea. We have scheduled the week of December 8th for our open house. If you are interested in learning more about what we do,…Read More
Source: Research Affiliates Rob Arnott of Research Affiliates writes: In a world of low bond yields and slow economic growth, historically realized 5-6% real (7-8% nominal) asset class returns may be unrealistic expectations for the future. In other words, assets with above-average valuations may not deliver the sort of returns people came to expect…Read More
We just got back from D.C. where we visited lots of existing (and future) clients. We also met lots of folks who were interested in LiftOff. We are planning our next trip for earlier next year, and decided to throw this open to the crew: What town should we visit next? If you would…Read More
Dave Nadig of ETF.com has some very kind things to say about our latest project: “Right now, on our home page, we have evidence of what I think is the most important trend we’re seeing in financial services. It’s not a product launch, or a clever structure or a brilliant way to make money now….Read More
A quick reminder that later this month, we have only a few slots left to meet with me and our the head of Financial Planning group when we will be visit with clients and prospective clients in the Washington, D.C. area on October 15h and 16th.
For those of you who are familiar with our investing philosophy, it is an opportunity to have a more in depth, personal conversation about your personal financial circumstances. For those of you who want to get the news straight from the horse’s mouth, come hear what I have to say on markets, the economy, and investing. (For a flavor of the conversation, check out the audio of our last quarterly conference call is below).
If you are interested in discussing about your personal financial circumstances, meeting with us, or simply hearing our views, give us a call or email.
Send email to Info -at- RitholtzWealth -dot- com, with the subject “DC Trip.”
Or call 212-455-9122 and ask for Erika.
Our last quarterly conference call is after the jump.
A quick reminder that later this month, myself and some staffers will be visiting clients and prospective clients in the Washington, D.C. area. Some of you are familiar with our investing philosophy, but this is an opportunity to have a more in depth, personal conversation. If you are interested in meeting with us, hearing our…Read More
The news last Monday was a shock — the Calpers California earthquake. For a variety of reasons, the California Public Employee’s Retirement System, the nation’s largest public-pension fund, said it was dropping hedge funds from its roster of investment allocations. This tremor will be felt far and wide. We are unlikely to know the full…Read More
For a long time, the fund managers at Yale’s endowment were the industry’s gold standard. Inevitably, as in so many things Ivy, this was noticed by rival Harvard. The so-called Yale Model, developed by David Swensen and his colleague Dean Takahashi, was rich with alternative investments, private equity, commodities and real estate and other items…Read More
Next month, myself and some staffers will be visiting a few clients and prospective clients in the Washington, D.C. area. Many of you are familiar with my investing philosophy, but this is an opportunity to have a more in depth and personal conversation. If you are interested in meeting with us, hearing our views on the…Read More