How Fast Must a Family's Assets Grow?

One of the great challenges families face when allocating capital for the long-term is determining the right level of risk and return.  This is exacerbated further by the fact that many in the family office (FO) world believe that the investment strategies of families...

My Favorite Signs of a Near Market Peak

So maybe the market has not peaked yet, but these are indicators I have seen across market cycles that seem to correlate well with the peak. I’ve tried to append new articles / headlines relevant to each. Tallest building in the world is under construction...

How to Think About Investing

In order to explain how we think about investing, as well as to help our clients better understand their own investments, we are beginning a series of short posts about how best to think about investing. This is of great importance, as the data is quite conclusive...

Beating the Market or Winning the Loser’s Game?

As we come into the end of 2015, volatility is back in the equity markets and near-panic conditions exist in some parts of the high yield market.  Active managers are likely to under-perform again this year.  With this confluence of factors, it seemed appropriate to...