Category: Insights
-
Third Wire Counterweight Newsletter: September 2024
To subscribe to our newsletter visit us on LinkedIn: You know what grinds my gears? What gets my goad? What really chaps my hide? You want to watch me go from zero to livid in like 3 seconds flat? Let’s talk about fees for alternative investments. I recently did a quick…
-
Asset Allocation 201: Fees—The Silent Performance Killer
Helping clients create the financial future they desire requires more than just selecting the right investments. With the growing push to “democratize” alternative investments, investors are increasingly attracted to these products. However, an often-overlooked aspect is the profound impact that fees can have on overall performance. Successfully investing in alternative…
-
Third Wire Counterweight Newsletter: August 2024
To subscribe to our newsletter visit us on LinkedIn: Well, folks, it’s been quite a month, hasn’t it? B-Boys and B-Girls in the Olympics. Major changes on the campaign trail—fingers crossed that we’re not just rearranging the deck chairs. And, like many others, we had CNBC running in the background most…
-
Third Wire Counterweight Newsletter: July 2024
To subscribe to our newsletter visit us on LinkedIn: Well, it’s July. You know what that means? Of course, you don’t. This is the first July I’m writing this newsletter. It just sounded like the way a newsletter should start. 🙂 Nothing says “summer fun” quite like poking fun at ‘private…
-
Industry Perspective: Beating Back the Bullsh!t.
Originally published on LinkedIn on July 8, 2024 Institutional Investing for Individuals: A Recipe for Disaster (And Why You Should Avoid It) Ok, I just couldn’t read another article or watch another video about how “your clients are more like institutional investors than you think” without speaking up on it.…
-
Third Wire Counterweight Newsletter: June 2024
To subscribe to our newsletter visit us on LinkedIn: In a speech at a banking conference last month, Jamie Dimon expressed concerns about the rapidly growing private credit market, which has surpassed $1.7 trillion in assets globally. He cautioned that while there are many “brilliant” people in the industry, not all…
-
Asset Allocation 201: Sortino Ratio, Positive Skew, and Near-Zero Correlation to Public Markets.
While Sharpe Ratio and standard deviation are cornerstone alternative investment risk metrics and provide valuable insights, other, more nuanced metrics are essential to deepening one’s understanding of an investment’s risk/return potential. In this article we discuss why the Sortino Ratio, maintaining a positive skew, and focusing on keeping a near-zero…
-
Asset Allocation 101: I got a fever, and the only prescription is more
cowbellequities.
Look, we’re lovers, not fighters. Never mind the claims that hedge funds are “dead as a doornail” to UHNW investors in the media recently—we have a lot of respect for the person they interviewed, and they clearly know a lot about what UHNW investors are thinking about when it comes…
-
Third Wire Counterweight Newsletter: May 2024
To subscribe to our newsletter visit us on LinkedIn: I hope you’re all doing well. In my first newsletter, I promised to keep these intros short and sweet. Then, I promptly forgot about that. 🙂 To get things back on track, I launched our new Industry Perspective as a place to…
-
Industry Perspective: Aggregation of Aggravation
Originally published on LinkedIn on May 9, 2024 Okay, people. Are you getting as confused as I am by all the “private markets punditry” over the last month or so? Let me see if I can keep this all straight… On the one hand, we’ve got firms with a clear agenda and…