Blog

Why Investing Should Be Boring

I found Tom Beevers’s perspective on Investing versus Trading right on point. In this world of constant news flow and rapid access to financial data, it’s easy to forget the difference between investing and trading. Many amateurs (and most professionals for that matter) seem to confuse the two concepts, engaging in a strange hybrid of the two philosophies. “Trading and investing are based on two very different philosophies. Investors purchase […]

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When Grandparents & 529 Plans for College Savings Clash

As more and more grandparents are opening savings accounts to fund their grandchildren’s future schooling, it has become a growing issue that it can hurt their chances of ever receiving financial aid. In a 529 savings plan, after-tax contributions grow tax-free and earnings can be withdrawn without a tax hit– as long as they are used to pay for qualified college expenses such as tuition or room and board. To […]

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Getting Your Legal House In Order Before Your Adult Child Leaves for College

Imagine the following scenario: Your 18-year old son is away at college in a neighboring state. He is hit by a car and sustains injury to his neck and is unconscious as a result of the accident. His roommate notifies you and you quickly call the hospital to get more information about your son. The hospital is not cooperative and gives you very little information as to your son’s condition. […]

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Citigroup to Stop Selling Hedge Fund Investments

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New York (HedgeCo.Net) – Citigroup, INc. (Citi) has been restricted from selling hedge funds investments and private-equity funds to high net worth clients, the Wall Street Journal reports. Additionally, Citigroup, in July of this year, has also agreed to pay approximately $7 billion for its part in the financial crisis of 2008. Citigroup is accused of downplaying the risks of sub-prime mortgages when packaging them selling them to hedge funds, […]

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Talking to Children About Savings and Investments

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Talking To Children About Savings and Investments The Reproductive Habits of the Great American Greenback I recently gave each of my children a $100 bill. Then I said, “Do you think you can earn and save $100 each week, for 50 weeks every year, until you are 30 years old?” They said, “Yes, we can do that.” “Good, that means in 20 years you should have saved about $500,000! And […]

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Oh Behave Yourself…In the Stock Market

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Oh Behave Yourself… In the Stock Market Sir John Templeton once stated on the Louis Rukeyser Show ‘Wall Street Week,’ “I may not know which direction the next 1000 points in the Dow Jones Industrial Average will move, but I believe the next 10,000 points will move higher.” Market sentiment is often a contrary indicator. High levels of anxiety and volatility sometimes appear in close proximity to cyclical bottoms in […]

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The Thrill of the Flight

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THE THRILL OF THE FLIGHT BEGINS WITH THE THRILL OF FALLING By Richard Gayton, CEO & Founder, Lakeside Virtual Family Office Imagine the eagle chick being pushed out of the nest by its mother for the first time. The baby chick is probably terrified at first but finds its wings and begins to soar. Behavioral Financial theorists observe similar traits in most human investors. Most of us are terrified to […]

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Warren Buffett Investment Recommendations?

In his latest annual letter to Berkshire Hathaway shareholders, Warren Buffett provided an honest admission of where the fortune he was leaving to his wife would go: “My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard’s.) I believe the trust’s long-term results from this policy will be […]

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Executing Deals in an Era of 11x Multiples

Here is a great article from Richard Wilson on executing high multiple deals. Our team closed on an acquisition last week, and while this happened to be a distressed IP deal, a recent report on global mergers and acquisitions valuation predicts that valuations are expected to surpass 11 times EBITDA on average. Buyers, from newly raised private equity funds to corporations holding too much cash, have helped form a very […]

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Rise of the Independent Sponsor

As has been reported many times in recent years, endowments, pensions, sovereign wealth funds, family offices and other large investors are working outside the typical private equity structure. In order to have greater discretion over the deals they allocate to and to avoid traditional fees, these investors are more and more looking to place capital via co-investments, direct investments, and club deals with other institutional investors. By no coincidence, independent sponsors, […]

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