Here’s A Credit Card That Looks To Trap ID Thieves By Making Them Think They’re Clever http://t.co/BjtE1Pcy Thieves that goof get fingered Jan 12, 2012
$MSFT Said to Plan Marketing Reorganization That Includes Job Cuts http://t.co/tnmiw372 Cuts s/b a last resort option 4 morale reasons $$ Jan 12, 2012
@The_Analyst But, no, I don’t think it will happen. Federal regulators are in bed with those that they regulate. All will claim confidential Jan 12, 2012
@The_Analyst They should at least be as good as the appointed life actuaries who have to hand the risk model over in full to the regulators. Jan 12, 2012
Big ETFs likely to get bigger http://t.co/sMV3gXRB Makes sense; broad aggregate asset class exposures should have large ETFs to implement $$ Jan 12, 2012
Vikram Pandit Is on the Right Track http://t.co/W1nKvtrV Banks should make their risk models & data bases public; indep ests validate them Jan 12, 2012
Greek Crisis Dries Up Drug Supply http://t.co/6adxylUd This is one of the sadder things about the Eurozone crisis $$ Even aspirin gone Jan 12, 2012
This Winter’s Weirdly Warm Weather Explained http://t.co/QwmcdVCT The Arctic & North Atlantic Oscillations explain the drastic difference $$ Jan 11, 2012
Red Kite Evangelicals Reap 47% on Copper Bet http://t.co/ZEKFYRtF Doing well? Doing good? Why choose? Jan 11, 2012
The great hedge fund humbling of 2011 http://t.co/CAJPuxZD Average fund dropping 4.8% & some stock-focused funds down 19% on average $$ Jan 11, 2012
@MarcHochstein True. Almost every bubble leaves something good behind; think of all the dark fiber laid in the early 2000s now being used $$ Jan 11, 2012
Awaiting a Greek Payout http://t.co/YrjsFuIb Could Greece’s next rescue payout go straight into the pockets of London hedge funds? $$ #yes Jan 11, 2012
Insurers Lifting Rates as Storms Defy Models http://t.co/SF6gQeWf After disasters, well-capitalized insurers benefit from rising premiums Jan 11, 2012
Building Skyscrapers Signals Excess, Forecasts Crashes, says Barclays http://t.co/PzkWBb81 Overly cheap capital creates white elephants $$ Jan 11, 2012
Yale’s Crash Confidence Index Shows Just How Fearful Investors Have Become http://t.co/eL3jG5j4 Short-term bullish indicator $$ Jan 11, 2012
Gen Y: Post Traumatic Stock Syndrome http://t.co/jMmRDwI6 In order to make $$ in the markets, you must survive the bad times. $$ Jan 11, 2012
Europe’s $39T Pension Threat Grows http://t.co/HHGm0NcV and in the US: Social Security – January 2012 and Beyond http://t.co/WrElghGi $$ Jan 11, 2012
Europe Banks Hoarding Cash Resist Draghi http://t.co/X2yqiTdR Euro-area banks have more than 600 billion euros of debt maturing this year Jan 11, 2012
An Imaginary Dustup? The Incalculable Harm of Regulation http://t.co/cB7j2N6e Agricultural regulations anger a farmer; he explains the cost Jan 11, 2012
About David Merkel
David J. Merkel, CFA, FSA, is a leading commentator at the excellent investment website RealMoney.com. Back in 2003, after several years of correspondence, James Cramer invited David to write for the site, and write he does — on equity and bond portfolio management, macroeconomics, derivatives, quantitative strategies, insurance issues, corporate governance, and more. His specialty is looking at the interlinkages in the markets in order to understand individual markets better.
David is also presently a senior investment analyst at Hovde Capital, responsible for analysis and valuation of investment opportunities for the FIP funds, particularly of companies in the insurance industry. He also manages the internal profit sharing and charitable endowment monies of the firm.
Prior to joining Hovde in 2003, Merkel managed corporate bonds for Dwight Asset Management. In 1998, he joined the Mount Washington Investment Group as the Mortgage Bond and Asset Liability manager after working with Provident Mutual, AIG and Pacific Standard Life.
His background as a life actuary has given David a different perspective on investing. How do you earn money without taking undue risk? How do you convey ideas about investing while showing a proper level of uncertainty on the likelihood of success? How do the various markets fit together, telling us us a broader story than any single piece? These are the themes that David will deal with in this blog.
Merkel holds bachelor’s and master’s degrees from Johns Hopkins University. In his spare time, he takes care of his eight children with his wonderful wife Ruth. View all posts by David Merkel →