Market Structure Insights

March 8, 2017

Can’t see nothing in front of me. Can’t see nothing coming up behind.  Those of you who know me know I would never write “can’t see nothing.” But Bruce Springsteen can get away with it. He and the E Street Band put out the eponymous...

March 1, 2017

When you’re in a store, how often do you ask for help finding a product? Now think about that, investor-relations professionals, and investors.  You former are in the business of telling the story – helping people in the store find a product.  You latter are...

February 22, 2017

“Since I started Baron Funds in 1982,” said Ron Baron on Squawk Box last week, “we’ve owned 2,500 stocks. Take 15 of them out and we’re average.” Baron is quintessentially rational. Visit Baron Funds and click on About and the words across the top are...

February 15, 2017

On Friday Feb 10, behavioral-change in the stock market rocked the Richter.     Stocks themselves seem rather to be rocking the Casbah, Clash-style (obligatory Grammy Awards Week musical reference, and showing my age I reached back to 1982).  Plus it’s that time again: Options expire today...

February 8, 2017

We’re in Steamboat Springs this week watching the moose on the snowbanks and letting the world slow down with them for a bit.  It sets me to thinking. “Hedge funds would be better off doing nothing.”  So postulated (requires subscription) Wall Street Journal writer Laurence...

February 1, 2017

If you want to be creeped out – and who doesn’t? – see the movie “Open Water.” It explains the problem with Board reports in investor-relations too. American director Chris Kentis based his 2003 film on real events. A couple go scuba-diving and are left...

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