===============================
In my view, these were my best posts written between November 2013?and January?2014:
Be regular (I need that advice myself), write on what you care about, start small. ?Not that much different than this recent interview of me regarding blogging.
Depends on whether you need it for protection or as part of a tax shelter or estate plan.
Protect Your Older Family & Friends
Remember that older folks are very tempting targets for fraudsters, and very nice people delivering subpar service at a high price.
I give you my favorite sources. ?Most are free.
Advice on what to do if you get such an opportunity.
On Position Sizing in Equity Long-Short Hedge Funds
It’s not an easy question, particularly when it comes to shorting or being levered long, but I do offer some ideas that are better than things I have read.
It is better to model the individual risks and manage them, than to rely on an academic-derived model with unstable parameters.
Unconstrained Will Get Overdone
As in any management style, typically the best managers get there first, followed by less talented wannabes.
It depends on your time horizon(s)
How to sort though multiple factors in investing, and is investment in the insurance industry overdone?
On weighting position sizes by expected returns, and?What are the tests I?use to check if accounting is fair?
On Understanding and Valuing Financial Companies
A compendium piece to the way I reason through investing in financial companies.
Why Great CEOs Look at their Stock Price Every Now and Then
It aids in managing the capital of the company wisely, especially when doing M&A.
When to Worry ? An Asset-Liability Management Perspective on Financial Macroeconomics
When those that hold risk assets predominantly have weak balance sheets, with short-dated funding/horizons, it is time to reduce risk.
Systemic Risk Stems from Asset-Liability Mismatches
More on the foolishness of the FSOC and attempts to look for systemic risk where there is none.
Rising stock prices does not mean that monetary policy or any other government policy is necessarily good.
A Preview of the Future in Local Government Financing
Not everything is going to fail, but the the worst 1-3% will. ?Avoid municipalities under severe stress.
Equality, and its After-Effects
What do you do when the whole world becomes more competitive, and compensation in your industry comes under pressure?
How could we make banking regulators more intelligent about the industry that they watch over? ?Give them experience in managing a small bank.
One thought on “The Best of the Aleph Blog, Part 28”