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Pragmatic Capitalism

Practical Views on Money, Finance & Life

‘Most Recent Stories’

Three Things I Think I Think – Fixing Stuff Edition

macro

The weekend is right around the corner. I’ll be in Las Vegas with a group of crazy overworked men from New York most likely riding bikes and reading poetry. I don’t particularly like poetry (or rather, I’m no good at it) so my odds of survival are relatively low. If this is our last interaction… Read More

Is Your Adviser a Fiduciary?

opinion

The new fiduciary standard rule has been all the rage this week on Wall Street. This new rule set out guidelines by which financial advisers must act in the best interest of their clients. Unfortunately, the new rule looks more like a lot of talk and little effective action. The main problem with giving financial… Read More

Three Things I Think I Think – Hump Day Edition

macro

Okay people. Just 2.5 more days and we’re there. You can make it….In the meantime, here are some things I think I am thinking about: 1 – Why Bull Markets are Hated.  Here’s a great piece from Josh Brown about bull markets and why they’re so hated.  The sad reality of the financial markets is… Read More

My “Wisdom” on Changing my Mind

macro

Tadas continues with the financial blogger wisdom series today asking: Think back to the last edition of this series a couple of years ago. Have you changed your mind about something (big or small) over that time period? If so, what and why? My answer alluded to a rather substantial change of opinion: Ben Bernanke… Read More

What Does it Mean to be a “Low Fee” Investment Advisor?

fees

I pride myself on being a truly low fee investment advisor, financial planner & portfolio manager.  With fees ranging from 0.1%-0.35% my firm offers one of the most competitive fee structures in the entire investment business. We could probably charge the standard 1% annual fee, but I made a conscious decision when I started my retail… Read More

My “Wisdom” on Diversity in Finance

opinion

The blogger wisdom series continued today with a question about diversity in finance.  Tadas asks: It does not escape me that the entire distribution list on this “Blogger Wisdom” e-mail chain is entirely male. I have written extensively on why this is an issue for the investment industry. What, if anything, can be done to… Read More

My “Wisdom” on Index Funds

strategy

Tadas Viskanta continues his series on “finance blogger wisdom” today discussing index funds. Specifically, he asks: Should we care that the percentage of assets in indexes is on the rise, or should we just sit back and enjoy the (low cost) ride? My answer was, um, not very thorough (again): Indexing requires active management in order… Read More