Why Retail Stores are the New Black

Paul FennerBusiness & Economics

Scott Galloway

For those of you who have not had a chance to check out Barry Ritholtz’s Masters in Business series over at Bloomberg, I can assure you that you will not be disappointed.  Barry has been at this for over a year now interviewing some of the top people in business (not only in finance), academia, and a few in the … Read More

Corrections are a time to get things right…again

Paul FennerPortfolio Management

As we kick off another volatile week on Wall Street (to the downside as volatility can also mean to the upside) I came across two great articles last week to provide some perspective on the current equity market situation; Barry Ritholtz’s weekly column at the Washington Post and a WSJ article by Geoffrey Rogow titled 5 Days That Taught Investors … Read More

Where You Live Correlates to a 20% Investment Bias

Paul FennerPortfolio Management

We are always interested in learning more about our investing biases.  Hat tip to Barry Ritholtz for posting the graph below. Looking at the list of stocks that I follow, I definitely have a tilt towards the industrials. I think that this is likely not only because I grew up in the Midwest and currently live in MI, but also due to my extensive corporate … Read More

You’re only human: An economist explains how it hurts your portfolio

Paul FennerPortfolio Management

More and more a very important aspect of portfolio management is the psychological or behavioral side of investing.  Put another way understanding how your emotions, biases, and mode of thinking affect how you invest your assets. Richard Thaler professor of the Booth School of Business at the University of Chicago is widely considered to be the father of behavioral economics. … Read More