Goodbye 2011
Published December 30, 2011 6423 Views
We're 10 days past the Winter Solstice and the days are getting longer. Before we know it, summer will be here - not soon enough for my taste. As we bid goodbye to 2011 there were several big events this year of note to investors:
The US Treasury was downgraded to AA from AAA by Standard & Poors....
Benchmarking
Published December 29, 2011 7061 Views
In this industry, benchmarking is the standard measurement for performance. A portfolio manager's success is gauged on how his or her fund faired compared to an appropriate index. A stock fund might be measured against the S&P 500 for instance. This is a mechanism that demonstrates how much value a...
Yelping Clients are Good for Business
Published December 29, 2011 6125 Views
Here at Brighton Securities, we try to keep our interactions with clients as painless as possible. But every now and then, we want them to Yelp!
For the uninitiated, Yelp! is a popular business review site that started in San Francisco and now covers local business in cities around the world . Cust...
More Kodak Tea Leaves
Published December 28, 2011 6378 Views
Latest news out of the Big Yellow Box is that two members of Kodak's Board of Directors have resigned. According to a company spokesman, the two gave no reason for their resignations. But no reason given doesn't mean that no reason exists. That leaves us with just the tea leaves to read, to try and...
There's Still Time (Just Not Much)
Published December 27, 2011 6019 Views
This coming Saturday is New Year's Eve. But for most financial and tax purposes, Friday this week is the end of the year, and your last chance to get a little financial "buttoning up" done.
If you plan to deduct certain expenditures on your Schedule A for 2011, you need to make the payment this we...
Some Perspective
Published December 22, 2011 6144 Views
On a daily basis, we are bombarded with headlines from the mainstream media. Whether its problems in the Euro-Zone, the collapse of MF Global, persistent unemployment, "stagflation" or the nation's enormous amount of debt, there is plenty of negative sentiment out there.
What does the market say...
This is how Congress spends its time ?
Published December 20, 2011 6017 Views
An interesting read in this morning's Wall Street Journal is "Inside Capitol, Investor Access Yields Rich Tips." The story outlines how a New York based brokerage firm escorts clients(hedge fund managers) around Capitol Hill to meetings with congressmen.
I find it outrageous that these public ser...
Crime and (Some) Punishment
Published December 19, 2011 6432 Views
The next time you file your tax return, make an estimated tax payment, or wince at the withholdings from your paycheck, keep in mind that at least some of your tax dollars go toward protecting us all from financial crime and making our markets freer, fairer, and more open. Yup, that's the mission of...
Friday Roundup
Published December 16, 2011 6413 Views
Euphoria & Hysteria
Seems nearly every day the market rises or falls on whether Europe is going broke or about to be saved. Trying to invest based on news out of Europe makes about as much sense as buying or selling based on what color necktie Nicholas Sarkozy is wearing. Despite all the hoopla,...
Celebrating Our Acheivements
Published December 12, 2011 6589 Views
Last Saturday our firm came together for our annual holiday party. This year, we enjoyed dinner and jazz at The Inn on Broadway and, as always, celebrated career milestones and presented awards and promotions. Below is a summary of all the good news we have to share!
First of all, congratulations t...