What does an investment strategist do?

Because we have to make decisions not knowing how the future turns out, we do it using math. I will never get it totally right and the game never ends. Unfortunately, the clients judge investment performance months afterward, after they know what happened. People want to believe that magic money exists, that they can win the lotto. And that keeps the industry going.

Time to rebuild the foundation

We usually find Egypt-based NBC Foreign Correspondent Ayman Mohyeldin reporting on unrest in the Middle East. When I saw him file a story from Mount Vernon, the site of the Skagit bridge (that I drive over almost every week) collapse in the same broadcast as a segment that stated “West Texas is one pocket of