Among defendants named in a Missouri lawsuit against investment firm Stifel Nicolaus and Co. is Stifel Managing Director Jeffrey
Cohen, who is based in the company’s Indianapolis
office.
As Ben Graham said in his Mr. Market allegory: “The market is there to serve you, not guide you.”
Since late September 2007, I have screamed about sitting in cash and, for the last few months, buying a little gold.
Looking past all the bad news, a forward-thinking investor should be asking: Just how cheap are U.S. stocks?
Media pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis financial experts who’s actually qualified to make such a comparison is Donald C. “Danny” Danielson, the 89-year-old vice chairman of City Securities Corp.
If world leaders don’t quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage
isn’t likely to surface anytime soon, investors should rethink traditional strategies now.
Liquidity is king! Stay away from long-term, illiquid commitments until the equity markets really flash sustained levels of
demand.
Wealthy people are getting more advice from hired professionals and less from peers and not-for-profit personnel when
making
decisions about charitable giving, a new study shows.
Since 1913, there has been a growing reluctance from our political leaders to allow financial setbacks in our nation to occur
in banking, and that’s been a huge mistake.
Here is something I know you don’t want to hear: This bear market isn’t over.
Newly public records suggest that securities investigators had far from an airtight insider-trading case against David Knall,
the star Indianapolis investment broker who nonetheless agreed to settle the 3-year-old inquiry by agreeing to a one-year
suspension. The Securities and Exchange Commission announced the pact Dec. 4. In addition to consenting to the suspension,
Knall, a managing partner of Stifel Nicolaus & Co., agreed to pay $123,865.
