When Stalking Unicorns, Proceed with Caution

Though rare, investors should approach unicorns with caution and take a long-term investing viewpoint.

The technology sector is minting billion dollar companies at a rate not seen since the Internet bubble burst 15 years ago. The latest crop of unicorns—investment speak for startups whose valuation has surpassed $1 billion—includes more than 50 companies. Their sheer numbers have led to a new term, “decacorn” to describe those with private valuations… Read More


6 Investing Fads That Seemed Like a Good Idea…At the Time

Investing fads should not make their way into your long-term, diversified investment portfolio.

Got a great tip on the next big thing? Before you jump in, take a moment to reflect on some of the investing fads we’ve seen before—and where they are now. Investing fads usually spring from some confluence of events that makes them seem like smart ways for the masses to make profitable investments. At… Read More


The Great Rotation?

Geoff Considine

The financial media loves a catch phrase and, with the apparent emotional hook of the ‘fiscal cliff’ diminished, we needed a new one.  The current best candidate is the so-called ‘Great Rotation.’  The idea here is that investors, finally and completely fed up with the dismal returns from bonds, are going to move heavily back… Read More


The Changing Universe of Public Companies

Geoff Considine

A new article in Knowledge@Wharton highlights a body of research that suggests that the universe of public companies is very different than in the past.  There are, for example, 44% fewer publicly-listed companies on U.S. exchanges than there were only fifteen years ago.  The Wharton article is a review of a range of work, including… Read More