Tag Archives: Investing

Incentives Matter

Posted on August 8, 2018 by

We’ve had a Toyota RAV4 for over eight years now. It’s been great because it’s reliable and can hold a ton of stuff with the seats down. However, every once in a while we receive a recall notice from Toyota, … Continue reading →

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Home Is For Your Heart, Not Your Portfolio

Posted on August 2, 2018 by

A number of years ago I took over a portfolio that held corporate bonds from both developed and emerging markets. As I looked through the holdings a name popped out at me, Ipiranga. I turned to my credit analyst and … Continue reading →

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Is This Time Different?

Posted on March 30, 2016 by

I’m a cyclist.  Typically, I ride the tarmac, but in the cold my friends and I will get out our mountain or cyclocross bikes and hit the dirt roads. Those roads are sheltered, offer stunning scenery and have enough steep pitches to ensure a … Continue reading →

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Strategy and Structure

Posted on December 16, 2015 by

Strategy and Structure is a classic management book.  It is about the evolution of structures suitable for managing large complex organizations.  The book gets across the idea that form should fit function in organizational design.  In asset management, it is the vehicle … Continue reading →

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