More than a century later since the founding by Dow Jones of the world’s first stock market index, we’re still trying to predict the direction of stock prices and track broader economic activity through the use of these analytical indices, some of which have very odd names.Read More
Posted by Cliff Walsh, CFA | Nov 3, 2016
My grandfather, an avid stock market speculator in his day, once told me when I was a kid that most market participants had terrible investment performance even through some of the strongest bull markets. “Humans are herd animals, just like sheep,” he told me. “Even the professionals?” I asked. “They might be the worst.
Basically, Wall Street is filled with a bunch of monkeys in suits.” I was shocked, but apparently not enough to deter me from pursuing a career on Wall Street. The conversation with my grandfather pushed me to look at things a little differently throughout my career. I studied the great investors to understand what made them great and then applied what I learned…Read More
Posted by Melissa Dolber-Grappone | Sep 4, 2016
American Portfolios Affiliated colleague, Andrew Corrigan has been sowing the seeds in the independent financial services field for some 20 or more planting seasons. While he and his family, and the many investing families he serves, have reaped the benefits of his labors, a changing climate has led Corrigan to rethink and plan for the future.