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Avoid the Unforced Investment Errors Even Billionaires Make

The Big Picture

In How Not to Invest , I showcase extreme examples of unforced errors to illustrate these behavioral mistakes. Chris Bloomstran, chief investment officer of Semper Augustus Investments Group, has tracked this. Since its 2014 inception, the fund has returned 9.7% In 2023, he tweeted a list of overlooked facts.

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All Time Highs Are Bullish

The Big Picture

“One of the most bullish things that can happen to any market is for it to reach new multi-year highs.“ Bloomberg, March 5, 2014 Markets closed at a new all-time high today. ” A column I wrote for Bloomberg in 2014 pointed out that the Dow made 492 new all-time highs from 1982-1999; in the 12 years covering 1952 to 1965, it made 279.

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Pennsylvania Advisor Who Used Client Funds on Country Club Dues Gets 8 Years in Prison

Wealth Management

Mason, who ran Rubicon Wealth Management, a registered investment advisor in Gladwyne, Pa., Between 2014 and 2024, Mason transferred client funds into his own accounts and those of the two entities without clients’ authorization, according to the SEC. million to the IRS. He pleaded guilty to all of the criminal charges.

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Question #1 for 2025: How much will the economy grow in 2025? Will there be a recession in 2025?

Calculated Risk

Question #8 for 2025: How much will Residential investment change in 2025? Real GDP Growth Year Annual GDP Q4 / Q4 2005 3.5% 2008 0.1% -2.5% 2009 -2.6% 2020 -2.2% -1.0% 2024 1 2.8% 1 2024 estimate based on 2.8% Q4 SAAR annualized real growth rate. Question #6 for 2025: What will the Fed Funds rate be in December 2025?

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At the Money: Matt Hougan on Crypto Technology

The Big Picture

Fulltranscript below. ~~~ About this weeks guest: Matt Hougan, Chief Investment Officer at Bitwise Asset Management discusses the best ways to responsibly manage crypto assets. He’s the chief investment officer at Bitwise Asset Management. Gox in 2014. Are these coins an investment or are they a speculation?

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Ideal quarterly investment letters: Meaningful, specific, and short

Investment Writing

Investment managers’ quarterly investment letters should be meaningful to clients, specific to the manager, and short. These are the key conclusions I drew from my quarterly investment letter survey that I conducted some years ago. Needs to reflect the voice of the investment team not marketing fluff.

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Deals & Moves: Creative Plannings Snag Hawaii RIA; $5.1B True North Expands in SF

Wealth Management

True North Expands in SF by Alex Ortolani Jul 15, 2025 3 Min Read Investment Related Topics Alternative Investments Digital Assets Equities ETFs Fixed Income Investing Strategies Mutual Funds Real Estate SMAs Recent in Investment See All Alternative investment visualization with stacks of coins and percentage signs.