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Someone finally described how I’ve been feeling . . .

I was recently listening to one of my favorite podcasts, Masters in Business with Barry Ritholtz. (I urge everyone to listen to the weekly interviews, they are fantastic!) One guest on the podcast said some things that explained exactly how I’ve been feeling for the past year. David Rosenberg was his guest. Mr. Rosenberg used to be the Chief Economist at Merrill Lynch and is currently the Chief Economist at Gluskin Sheff + Associates Inc, a Canadian Investment Advisory firm that manages several billion dollars. Below are two of my favorite segments of the podcast. Before you listen and learn from them, let me give you some background. In the industry there are two types of firms . . . Buy-side – Those that manage money for clients. Investment Advisors, including our firm, would be a buy-side firm. Sell-side – Those firms that sell products. Think of a broker-dealer that sells stocks, options, research, education, etc.
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Categories: Strategy.
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