“Leave the gun, take the cannolis.” This classic line from “The Godfather” is pretty easy to understand. This is a stark contrast from the smorgasbord of investment products offered up by the Alchemists employed by some of Wall Street’s biggest firms. While Goodfella, Henry Hill was a thug, his “customers” clearly knew where they stood…
October 2014
The Walking Dead
Persia, Detroit, Blockbuster Video, and the New York Yankees. These seemingly unrelated words have one common attribute: Each failed to embrace change and became extinct or irrelevant. As we speak, the world is undergoing a massive shift in the way knowledge is being disseminated. The idea that an organization can be built by acquiring knowledge…
Uninformed Investors often suffer Catatstrophic Losses
A catastrophic loss is defined as a stock suffering a 70% or greater permanent loss. This means someone bought a stock at 10 and it went down to 3 and never went back up. Sadly this is the fate of many stocks. Since 1980 about 40% of the stocks in the Russell 3000 index suffered…