Fredrickson Financial

Archive for February, 2015

The prudential thing would be to cut fees

February 13th, 2015

I keep seeing a TV commercial in which Daniel Gilbert, a Harvard psychology professor helping to advertise Prudential mutual funds, asks a crowd of people how much money they have in their pocket. People mention small sums of cash and Gilbert asks, “Could it be that something that small can make an impact on something… Read more

Winter Newsletter

February 7th, 2015

It’s been interesting to note how the smart money crowd has gotten it so wrong lately. From the erstwhile Bond King, Bill Gross, fired from his mutual fund company, PIMCO, to Michael Aronstein, the “alternative” investment wizard at MaintStay Marketfield, which suffered massive shareholder redemptions last year, the smartest guys in the room have been… Read more