Wealth Management: How Can We Trust Anyone When…

On Thursday, March 18, I’m speaking in Amsterdam at a conference hosted by NRC Focus. The topic is “trust,” and here’s what the magazine writes: Trust is essential for markets to function properly. In a ‘high trust society’ like the...

China’s New Export: Too Big To Fail

Market Defies Fear of Real Estate Bubble in China A real estate bubble, fueled by bad loans and too much leverage, explains much of our stock market’s turmoil since 2008. So today’s article from The New York Times on the Chinese edition, caught my...

Don’t Hire This Guy

For Psychic, Suit Came as Surprise You know there’s a problem when your money manager: Claims to be today’s Nostradamus; Names his company, Magic Eight Ball Distributing; Runs a website with wellness products like “Holy Tea.” According to the...

Wealth Management’s Dirty Harry

In case you missed Matt Lauer’s interview with Harry Markopolis, here it is. Markopolis is the money manager from Boston who met with SEC four times and tried to expose Madoff’s Ponzi scheme. He said some terrific things during the interview and some that...

Asset Protection: 10 Tips for Every Investor

What is asset protection? As a stockbroker, I warned clients about “predators and creditors.” Let’s face it. We live in a litigious world. Get in a car wreck, and your assets may be attacked. Homes. Family businesses. Savings. And predators...