Recent News Entries

2011 – A Difficult Year for Active Investors

2011 was a very difficult and frustrating year for active investors.  According to a recent Bloomberg article, this was the worst year for actively managed mutual funds since 1997.  For the year, the S&P 500 was up 2.1%… Read More

Interesting Analysis of U.S. Tax Policy

Here is a thoughtful, objective, and comprehensive analysis of U.S. tax policy from Howard Marks at Oaktree Capital. It is worth a read to begin to understand the issues involved.  Click here to read the full text.

Portfolio Review for 2011 Tax Loss Harvesting Opportunities

Each year, we assess our clients’ taxable gains for the year and review each of their portfolios to determine if there are securities that could be sold to recognize tax losses. By selling loss positions and recognizing the loss, an… Read More



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