Bonds despite their ridiculous yields will not easily be threatened with a new bear market.

Whether a tops-down or bottoms-up investor in bonds, stocks, or private equity, the standard analysis tends to judge an investor or his firm on the basis of how the bullish or bearish aspects of the cycle were managed.

Bonds despite their ridiculous yields will not easily be threatened with a new bear market.

You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.

Pay per click was just the beginning. The real evolution is pay per action.

When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.

I am tough but I have a soft side.