At the Berkshire Hathaway annual meeting in May, 2009, a slide depicted a trade ticket from December 19, 2008, showing a Berkshire sale of $5 million of Treasury bills. They were coming due on April 29, 2009. Berkshire sold the … Continue reading
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True Wealth Design Makes List of Top Financial Planners in Cleveland Area
Crain’s Cleveland Business recently published their annual list of the Cleveland area’s top financial planners, ranked by assets under advisement. True Wealth Design made the list for the second year in a row and had the second highest growth rate … Continue reading
Kevin Kroskey In The Press: “Rethinking Distribution Planning”
I was pleasantly surprised to see myself mentioned for contributions in an article in May’s edition of Financial Planning magazine on the topic of distribution planning. It has been my opinion that many advisors overestimate the degree to which expenses … Continue reading
What We Can (Re)Learn From JP Morgan’s $2B Trading Loss
Large banks and brokerage firms are in the news again, with word that J.P. Morgan Chase suffered a $2 billion loss while trading for its own investment portfolio. If you’re inclined to be amused by such things, word had apparently … Continue reading
A Wall Street Tale: Of Muppets and Men
By Kevin Kroskey, CFP®, MBA Of Mice and Men was one of the first books I actually read cover to cover. According to author John Steinbeck, the book’s title came from a poem by Robert Burns that contains a line … Continue reading