Pregnancy and Voluntary Short-Term Disability Insurance

Everyday investors tend to speculate on stocks based on the often ill-conceived notion that they have unique information or better information than the rest of the investment world.  This perception of ‘asymmetric information’ is often the polar opposite of reality.  In fact, institutional investors have an enormous information advantage over retail investors – one that [...]

The Dow is a Bad Accident of History

I was a recent college graduate and there I was on the trading desk of a large institutional investment manager, entrusted with a role well beyond the pay grade of a newly minted liberal arts history major.  Like many people in their first job out of college, my primary objective was not to make a [...]

Take Advantage of a Year-End Tax Opportunity with a Donor Advised Fund

This time of year is referred to as the ‘season of giving’.  Charities report that 31% of all charitable donations happen in December each year and that 12% of donations occur on the final three days of the year.  There is good reason to believe that those percentages will increase dramatically in 2016.  Proposed tax [...]