Post 600

As WordPress counts, every 100 articles, I take a step back, and think about blogging.  I wasn’t sure what I was getting myself into when I started the blog.  I was unsatisfied with my work and my other writing outlets when I decided to start Alephblog up.  I wanted more creative control, and an ability to build a brand of my own.  That’s why I started the site.

So far, so good. The support from other blogs has been significant (in order): Abnormal Returns, Alea, The Big Picture, FT Alphaville, Seeking Alpha, the Kirk Report, and Naked Capitalism.  I also appreciate the overall blogging community on finance issues; it is fascinating to see the relatively high quality of opinions that get expressed on the web.  It is more than competitive with the print media (and we get paid peanuts, if anything…).

In the near term, I will be updating my blogroll.  I want it to reflect what is on my RSS reader.  I updated my “leftbar” recently.  I  did it because I wanted to highlight the books that I have reviewed, and I wanted to push the Google ads further down the page.  I don’t make that much from them; at some point I may discontinue them.

Along with that, I will be doing some blog maintenance to make the top of my blog clickable to return to the homepage, update a few of my old static pages, and turn off comments on posts older that a month.

It’s been interesting to meet new people through the blog.  I appreciate those that e-mail me, and those that comment here, though my time to reply is limited.

Finally, I haven’t run out of things to write about, and given what I wrote here and at RealMoney, this economic environment was made for me.  Volatility — what will break next?  Reminds me of 2002, and owning too many BBB bonds.  But future topics may include:

  •  Academic Finance Lies (okay, assumptions that aren’t true)
  • Rescuing Capitaism from Capitalists (half-written)
  • Fundamentals of Market Bottoms
  • CP-T2 as a panic gauge
  • Risk Management vs VAR vs ERM
  • Can Central Banks Lose Money?
  • The Main Ignored Problem in Taxation (by both political parties)

Finally, I thank my family, I thank God, and I thank my new employer, Finacorp Securities, for their support.  Let’s keep this up; I enjoy the writing and the feedback.






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One Response to Post 600

  1. Tom Fisher says:

    David, I’d love to see you discuss errors of academic finance. I’ve often had the feeling that certain financial dogmas are in place more because the math is convenient than because they result in accurate predictions. It would be nice to hear your perspective on this.

Disclaimer


David Merkel is an investment professional, and like every investment professional, he makes mistakes. David encourages you to do your own independent "due diligence" on any idea that he talks about, because he could be wrong. Nothing written here, at RealMoney, Wall Street All-Stars, or anywhere else David may write is an invitation to buy or sell any particular security; at most, David is handing out educated guesses as to what the markets may do. David is fond of saying, "The markets always find a new way to make a fool out of you," and so he encourages caution in investing. Risk control wins the game in the long run, not bold moves. Even the best strategies of the past fail, sometimes spectacularly, when you least expect it. David is not immune to that, so please understand that any past success of his will be probably be followed by failures.


Also, though David runs Aleph Investments, LLC, this blog is not a part of that business. This blog exists to educate investors, and give something back. It is not intended as advertisement for Aleph Investments; David is not soliciting business through it. When David, or a client of David's has an interest in a security mentioned, full disclosure will be given, as has been past practice for all that David does on the web. Disclosure is the breakfast of champions.


Additionally, David may occasionally write about accounting, actuarial, insurance, and tax topics, but nothing written here, at RealMoney, or anywhere else is meant to be formal "advice" in those areas. Consult a reputable professional in those areas to get personal, tailored advice that meets the specialized needs that David can have no knowledge of.

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