A while back, I was speaking with a fellow who had recently retired. He shared this observation, only half-jokingly: “Working was easy,” he said. What he meant was that financial management during our working years is more straightforward than it is in retirement. When we're working, we earn and [...]
Your Perfect Portfolio
What’s the best way to manage your investments? A new book titled Your Perfect Portfolio helps answer this question. I spoke this week with the author, Cullen Roche. A video of our conversation is also available here. Adam Grossman: The title is Your Perfect Portfolio with an emphasis on [...]
AI risk and your portfolio
Last week, OpenAI founder Sam Altman sat down for an interview with venture capitalist Brad Gerstner and Microsoft CEO Satya Nadella. Both are investors in OpenAI, so it seemed like a friendly audience. But Gerstner posed a question that seemed to make Altman uncomfortable. Since introducing [...]
Managing a pricey market
Stock market investors are enjoying yet another strong year. The S&P 500 has gained about 14% so far, shrugging off, for the most part, uncertainty over tariffs, interest rates and the latest government shutdown. Should this worry us? Since ancient times, soothsayers have been [...]
Managing concentration risk
Larry Ellison, the cofounder of Oracle Corporation, recently became the world’s wealthiest person. Oracle, a software company, isn’t nearly as large as its peers. So how did Ellison’s net worth manage to surpass that of Bill Gates, Jeff Bezos and the founders of other much larger companies? The [...]
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