Echoes of 1929: As George Santayana warned, those who cannot remember the past are condemned to repeat it As attendees of the Fall PREA Conference recently gathered to hear Andrew Ross Sorkin speak — and received copies of his book 1929: Inside the Greate... See more
The money pump: How infrastructure investors can avoid the extrapolator’s trap
In their 2023 book The Missing Billionaires: A Guide to Better Financial Decisions, Victor Haghani and James White present a thought-provoking essay titled “Extrapolators Bewar... See more
Interval funds under pressure: Redemption queues and liquidity challenges The interval fund market — once hailed as a preferred gateway for retail investors to access institutional-quality private assets — is facing its most significant stress test yet. R... See more
The money pump: A warning for institutional investors against return-chasing Victor Haghani and James White’s essay “Extrapolators Beware the Money Pump,” published in their 2023 book The Missing Billionaires: A Guide to Better Financial Decisions, offers... See more
The fiduciary frontier: Are commissioned FINRA reps on the path to fiduciary duty? The financial services industry is undergoing a quiet but profound transformation. At the heart of this evolution lies a fundamental question: Should commissioned FINRA-reg... See more
