Recent Posts In: Risk

Never A Good Time To Invest

Author: Russell Holcombe

The last five years have been nothing more than spectacular for those that endured the stock market collapse of 2008-09.  Now we find ourselves six years post crash, market performance is at record...

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Intelligent Error

Author: Russell Holcombe

There are distinctive patterns in the errors people make. The reasons for this are many. Daniel Kahneman in his excellent work “Think Fast and Slow,” takes his reader down a thoughtful path to...

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Shooting a Fly with a Shotgun

Author: Russell Holcombe

Once success happens you can no longer say, “I will continue my life now as it was before.” Tennessee Williams in his masterpiece, “The Catastrophe of Success,” lays out a manifesto for the...

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Financial Physics – Part IV

Author: Russell Holcombe

The Safety Net As mentioned in Part III, either we reinvent old ideas (Madonna) or come up with brand new ones. Either way, the market requires we constantly adjust. In this our last installment of...

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Financial Physics – Part II

Author: Russell Holcombe

Never pay fixed bills with variable money In the second law of financial physics, we move our discussion to the importance of understanding cash flow. In my years of advising clients, I have noticed...

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Controlling the Uncontrollable

Author: Russell Holcombe

When you really think about it, the only thing absolutely outside of our control or influence is the weather. The weather does whatever it wants to do, whenever it wants to do it. All we can do is...

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Dallas to Flagstaff

Author: Russell Holcombe

 “What’s that noise?”   “Not sure, heard it over Dallas but then it went silent again.” Taylor and co-pilot Billy Short where headed to Flagstaff Arizona, 257 passengers...

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The Certainty of Uncertainty

Author: Russell Holcombe

In response to PepsiCo announcing they will cut 8,700 jobs in 2012, PepsiCo CEO Indra Nooyi said the following, “When the only certainty is uncertainty the whole guidance thing becomes a...

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Learning from Failure

Author: Russell Holcombe

Mike Kryzewski or Coach K is the winningest basketball coach in NCAA history, a graduate of West Point and arguably one of the smartest people in sports. Why was he so successful? He believes in...

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Finding the Perfect Picture

Author: Russell Holcombe

My good friend Dewitt Jones, who was instrumental in helping me set the course for the book, just recently spoke at an event in Chicago. If you have not seen Dewitt speak, it is something I highly...

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Know Your Finish Line

Author: Russell Holcombe

Once you’re wealthy, is there ever a reason to become unwealthy again? According to Datamonitor, millionaires in the U.S. lost $1.2 trillion in portfolio value of assets between 2007 and 2009....

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