Opinion: Poor communication has many financial clients playing darts in the dark
Banking & Finance, Latest news, Op/Eds, Opinion, Personal FinanceBy John Grace Does this sound familiar to you? • 71% of people are worried about the rising costs of healthcare. • 67% worry about rising costs of living. • 66% are afraid market downturns will affect their savings. • Only 1/3 have broached the subject with their advisor. These are the findings of The Read More →
Opinion: Why investors fell in love with SPACs — and how the bubble burst
Banking & Finance, Latest news, Op/Eds, OpinionBy Daniele D’Alvia, Queen Mary University of London What do Taylor Swift’s record company and Asian “superapp” Grab have in common? They are both part of Wall Street’s recent deal-making fad: special purpose acquisition companies (SPACs). SPACs are shell companies that are floated on the stock market with one purpose: to buy another company. This Read More →
Opinion: CRT in schools debate generates more heat than light
Higher Education, Latest news, Op/Eds, OpinionBy Steven Mintz The teaching of critical race theory in public schools is a hot topic and raises the question of whether it should be taught in our schools. What is it trying to accomplish? Supporters say it teaches K-12 students about equality and inequities in society. Critics claim it is teaching students that America Read More →
Opinion: We can equip ourselves with the tools to save our kids
Higher Education, Latest news, Op/Eds, OpinionBy Danielle De Smeth Last year the Thacher School in Ojai turned to a team of lawyers at Munger, Tolles & Olson to document what many already knew: The school failed to properly protect its students and alumni — including by failing to follow up in some instances on students’ concerns about or reports of Read More →
Opinion: Lottery prizes can encourage vaccination, but they can’t replace trust
Latest news, Op/Eds, OpinionBy Gary Charness Medical experts and the federal government have stressed the importance of reaching herd immunity, which requires that a high proportion of the population cannot fall prey to COVID-19. While there was a huge initial wave of interest, there are still many people who have not been vaccinated. This has led to the Read More →
Opinion: We might not see the inflation bus coming until it’s run us over
Latest news, Op/Eds, OpinionBy John Grace Everybody wants to know the date things go sideways. As I am fond of saying, if we are jaywalking across the street it’s not the bus you do see that can disrupt our day, it’s the bus we didn’t see, couldn’t name, and was impossible to time. Global bubbles from the U.S. Read More →
Opinion: Remembering David Swensen, a giant in the investment world
Banking & Finance, Latest news, Op/Eds, Opinion, Personal FinanceBy David Kreinces In early May, David Swensen, Yale’s legendary endowment chief, died of cancer at age 67. Swensen was famous on Wall Street for successfully diversifying Yale’s portfolio in a wide range of alternative investments, and he was also loved for his 2005 book on exchange-traded funds (ETFs). The book, “Unconventional Success,” showed Swensen’s Read More →