Asset protection – shielding your wealth from lawsuits and other predatory attacks – can be one of the most critical parts of a sound wealth management plan.
While nearly everyone who can has had time to get used to the idea, it goes without saying that The Donald’s election to the presidency was a sea-change shocker singular in recent memory, an off-the-Richter-scale tumbler that’s sent a tsunami of change across virtually everything that matters in the political, economic, and financial worlds.
Longtime readers will remember that much of Camarda’s value investment philosophy springs from the teachings of Columbia University (one of our portfolios is named for it), the Ivy League school in NYC where Warren Buffett was taught by Ben Graham (the historical father of value investing), and where Joel Greenblatt has been teaching buying good stocks on the cheap for some time.
Jeff was proud, surprised, and humbled to be presented with a check for $1,000 as the prize for winning the Academy of Financial Services’ “Plan-Plus Best Analytical Paper Award” during this academic conference in Las Vegas in October.
We are living in a very volatile financial environment.
The financial fashion winds have blown many investors far into the low cost index fund forest, supercharged by the recent (and historically unusual) sustained surge in the S&P500, and encouraged by government forces since the 2008 Great Recession.