Edward J. Strafaci ~ Academic Blog

  "I never understood this. We spend billions on Anti Trust enforcement , we put a man on the moon , yet we cannot make the bond market more efficient. Either we have miserably failed at this, or the Securities Industry has some very powerful lobbyists working for them .At any rate this should be rectified,and quickly , seeing how bad this is for the pensioneer.If the American Public understood this ,like they do gas prices for instance, they would go bananas. Well written Jason! " ES One reliable way to mint money is to charge customers hefty prices for your services without ever itemizing the bill. Welcome to the corporate-bond market, where the costs of trading are about as transparent as the waters of the Big Muddy River after a hard rain. Most investors own bonds through mutual funds or exchange-traded funds. But the household sector, including individual investors, still holds nearly $430 billion in corporate bonds, according to the Federal Reserve. If y...

Large Money Managers Suffer Bruising Quarter This all can be explained in three words....Exchange Traded Funds. Just do the math , instant liquidity and miniscule fees as opposed to an alphabet soup of fees and  at best,  sporadic, punitive liquidity .  If this is a problem for the mutuals imagine what it means for the Hedgies.As Calpers has already realized you cannot generate near enough alpha to support a 2 and 20 fee structure. Furthermore what does this portend for the servicers and lenders to this over bloated sector?Goldman Sachs ...last sale 182 ,look out below!  Edward Strafaci By   KIRSTEN GRIND Updated Oct. 22, 2015 7:29 p.m. ET Large money managers were bruised in the third quarter by market declines and investor outflows, the latest sign of the ills afflicting the U.S. mutual-fund industry. A round of quarterly reports, released Thursday, included  Franklin Resources  Inc. ’s  largest investor withdra...

Richard C. Wilson Single Family Office Advisor✔ Bestselling Author "The Single Family Office: Creating, Managing & Investing"​     Here are 17 lessons which can be taken away from some of the fast growing hedge funds we have worked with: 1) They take transparency serious and work to be pro-actively transparent - more so than their competition. 2) They approach multiple investment channels but mostly ignore those completely out of their reach (example, potential pension fund clients for a $75m fund). 3) They are always developing relationships and they have dedicated internal and some external professionals to always be selling on their behalf. 4) They not only have pedigree on their team but they are always building that pedigree through additional research, hiring of expert staff, and through speaking and writing. 5) They document their operations and make decisions based on what is best long-term for the organization rather than what is cheaper to ...

7 Things That Productive People Do In The First 10 Minutes At Work | Edward Strafaci | LinkedIn : 'via Blog this'

Why People Who Take Notes All the Time Are More Likely To Be Successful “Just let me look at my notes.” How many times have we heard a person say that? It could be a manager, a student, a lawyer, a secretary, a writer, or anybody who has to remember key information.  Note-taking is an essential skill  in many areas of work and study. But is note-taking really useful in helping us to understand, remember, and retrieve essential points when we most need them? The answer from research is a resounding yes, although individual styles and methods may vary enormously. For example,  recently  when Mark Zuckerberg was addressing a meeting of young entrepreneurs, you could have heard a pin drop: everybody in the room was listening intently. But only TWO people, who happen to be legendary investors in Silicon Valley and arguably the most successful people in the room, were actually taking notes! “Great leaders are never too proud to learn.” – John Donahoe, CEO, ...