Tag Archives: Investing

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 →

Posted in Credit, Emerging Markets, Equities, Investing, Market Cycles | Tagged , , , | Leave a comment

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 →

Posted in Cycling, Investing, Market Cycles, Trade | Tagged , , | 3 Comments

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 →

Posted in Credit, Governance, High Yield | Tagged , , | Leave a comment