Posts by Leonardo Drago

“DO AS I SAY, NOT AS I DO” WAS ATTRIBUTED TO PREACHERS, BUT WOULD WORK JUST AS WELL FOR THE INVESTMENT ADVISORY BUSINESS.

IT’S A GOOD IDEA FROM TIME TO TIME TO PAUSE AND ASSESS HOW SIMILAR YOUR INVESTMENT OUTLOOK IS TO THE CONSENSUS OF CHIEF ECONOMISTS AND OTHER ASSORTED FORECASTERS.

WE ARE IN THE MIDST OF A GLOBAL ECONOMIC SLOWDOWN, WITH THE US BEING THE ONLY BRIGHT SPOT GLOBALLY

IN HIS FAMOUS SPEECH ON ‘IRRATIONAL EXUBERANCE’, GREENSPAN COMMENTED ABOUT HOW DIFFICULT IT WAS TO RECOGNIZE THE CHARACTERISTICS OF BUBBLES IF WE SAW THEM.

IN FINANCIAL MARKETS VERY FEW THINGS CAN BE EXPECTED TO REPEAT REGULARLY LIKE CLOCKWORK.

THE SINGLE BEST INVESTMENT ANYONE CAN MAKE IS TO INVEST IN OURSELVES, FOR A BETTER CAREER AND HIGHER EARNINGS PROSPECTS.

ASKING WHETHER ONE SHOULD INVEST IN A SOCIALLY RESPONSIBLE WAY SEEMS LIKE A TRIVIAL QUESTION WITH AN OBVIOUS ANSWER

STOCKS ARE STORIES, BONDS ARE MATHEMATICS.

THREE WEEKS AGO OVER DINNER MY 87 YEAR OLD FATHER ASKED ME HOW MUCH MONEY I HAD MADE FOR OUR CLIENTS IN OUR EQUITY STRATEGY IN 2017.

COMMODITIES ENJOYED SIGNIFICANT INTEREST FROM INVESTORS FROM YEAR 2000 ONWARDS.