Blog

May 14, 2024 - The practice of lending goes back thousands of years, with loans representing one of humanity's first investable asset classes, along with real estate (residential, farmland, and timber), precious metals (gold and silver), and art. One of the earliest documented pieces of evidence…

April 7, 2024 - The North Star, also known as Polaris, is a prominent star that has held significant importance throughout history for its use in navigation. It is located nearly directly above the Earth's North Pole, making it an almost stationary point in the night sky,…

March 10, 2024 - A generation ago for today's market participants, the late 1990s featured a historic stock market bubble concentrated in technology and telecom stocks. The dot-com bubble, as we now call it, was driven by a "new economy" thinking that a hot emerging technology, the internet,…

February 10, 2024 - In 1952, Nobel Prize-winning economist Harry Markowitz introduced the concept of Modern Portfolio Theory, which aimed to maximize return while minimizing risk. Modern Portfolio Theory formalizes the concept of diversification, showcasing that an investor can achieve an optimal portfolio with the maximum expected return…

January 14, 2024 - The late, great Hyman Minsky was an influential American economist known for his theories around financial instability and his work on the causes and characteristics of financial meltdowns. (more…)

December 10, 2023 - "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light,…

November 12, 2023 - Amongst investors, the "R-word" is rearing its ugly head again. A much-predicted and dreaded recession, classically defined as two consecutive quarters of negative real GDP growth, is upon us. (more…)

October 13, 2023 - In his trademark humorous style, Mark Twain offered a whimsical take on the perils of stock market speculation with this memorable quip: "October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May,…

September 11, 2023 - The Guinness World Record for surviving the highest fall without a parachute is held by Vesna Vulović, a Serbian flight attendant. (more…)

August 13, 2023 - The highly anticipated film "Spider-Man: No Way Home" was released to much fanfare in December 2021. The movie became the most financially successful film of 2021, grossing a whopping $1.92 billion globally. (more…)