Archive for March 2013

Portfolio Optimization: Does the Black-Litterman (BL) Process Work?

Mar 18th, 2013 | By | Category: Financial Smarts

I’ve been waiting since the beginning of this year for this article, “Deconstructing Black-Litterman: How to Get the Portfolio You Already Knew You Wanted,” to appear in The Journal of Investment Management (JOIM).  It has now been published in JOIM’s First Quarter 2013 Issue and is also available to the non-subscribing public at this link. […]



Transitions—Making Sense of Life’s Changes

Mar 15th, 2013 | By | Category: Career Growth

“What if the National Football League decided to emulate the Chicago exchanges, filling the stadiums with wide-screen monitors and white-sleeved computer programmers, and converting its star players to those who could code the best touchdowns?  Imagine asking Chicago linebacker Brian Urlacher what he would do with his newfound free time,” says a paragraph in Michael […]



COMPENSATION: “THE TIMES, THEY ARE A’CHANGING”

Mar 13th, 2013 | By | Category: Corporate Growth, Featured

Compensation’s components are currently changing…with implications for both employers and employees.  Bottom line: Today’s employee is much more subject to macroeconomic conditions and market forces of supply and demand than ever before. Today’s employee is, therefore, more motivated to maintain a long-term priority to his/her personal career development rather than a loyalty to and an […]



We have met the enemy…and it is us?

Mar 6th, 2013 | By | Category: Financial Smarts

I completed my 2013 Overall Economic Employment Forecast last week, but chose to hold it until we could review it again because, for the first time in 10 years, there were three probable scenarios as to how this year would roll out…and one of them was really scary.  We did reach a conclusion, so my forecast’s die […]



Getting More

Mar 1st, 2013 | By | Category: Career Growth

If a .280 baseball player hits only 1 more ball out of every 9 attempts, do you know that extra hit gains him $10 million more a year and a spot in the Baseball Hall of Fame?  This analogy is given by author Stuart Diamond in his New York Times bestseller Getting More: How You […]




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