The Aleph BlogThe Aleph Blog

Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control

Search

Subscribe via e-mail

RSS Feeds

  • RSS - Posts
  • RSS - Comments

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.

Recent Posts

  • The Crisis at the Tipping Point
  • The Best of the Aleph Blog, Part 33
  • Why is the Stock Market So High?
  • Redacted Version of the July 2017 FOMC Statement
  • The Best of the Aleph Blog, Part 32

Comments

  • David Merkel on The Crisis at the Tipping Point
  • Marc LeBlanc (@ERISANation) on The Crisis at the Tipping Point
  • Scott B on The Crisis at the Tipping Point
  • David Merkel on The Crisis at the Tipping Point
  • muzaki on The Crisis at the Tipping Point

Categories

Blogroll

  • Abnormal Returns
  • Bronte Capital
  • China financial markets
  • Cody Willard
  • Crossing Wall Street
  • Distressed Debt Investing
  • Falkenblog
  • Humble Student Of The Markets
  • interfluidity
  • Rajiv Sethi
  • The Accounting Onion
  • the research puzzle

Other Investing Links

  • Scutify

Personal Links

  • Reformed Presbyterian Church of North America
  • The Tav Blog
  • Trinity Reformed Presbyterian Church

Pages

  • About Me & The Blog
  • Categorized Book Reviews
    • Accounting
    • Asset Allocation
    • Business
    • Crisis
    • Economics
    • History
    • Investing
    • Macro Investing
    • Miscellaneous
    • Pension
    • Personal Finance
    • Quantitative Investing
    • Risk Control
    • Software
    • Technical Analysis
    • Wealth
  • Commenting Rules (please read prior to commenting)
  • Contact Me
  • Presentations
  • Privacy Policy
  • The Eight Rules of my Investing

Meta

  • Register
  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org

Top Posts & Pages

  • The Crisis at the Tipping Point
  • Long-term Relationships and Credit Scores
  • Why is the Stock Market So High?
  • On Bond Risks in the Short-Run
  • Understanding Insurance Float
  • Bid Out Your Personal Insurance Policies!
  • The Current Market Morass
  • One Dozen Reasons Why the Average Person Underperforms In Investing, Part 1
  • Estimating Future Stock Returns, March 2017 Update
  • On the Structure of Berkshire Hathaway

My Twitter Feed

My Tweets

Archi

  • August 2017
  • July 2017
  • June 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007

Contact Me

E-mail: david.merkel@gmail.com

My work at RealMoney

Share this:

  • Email
  • Print
  • LinkedIn
  • Twitter
  • Google
  • Tumblr
  • Facebook
Proudly powered by WordPress. Theme: Flat 1.7.8 by Themeisle.

Page optimized by WP Minify WordPress Plugin

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.