Serving fiduciaries

String Theory and Investing: Algorithms and Portfolio Management

Most of us think of Albert Einstein or Stephen Hawkins when we hear the words “String Theory”. We envision nerdy scientists exploring three, four, or more  dimensions of time/space when researching Black Holes, for example. Physicists use algorithms to simplify and interpret data to prove their theories. Interestingly, the use of algorithms has become much […]

Private Equity Fees, Virtually Undisclosed, Cost $20 billion over 10 Years

Thanks to a recent research paper by the Social Science Network (SSRN) we now have a glimpse into the controversial, often self-serving, and mostly undisclosed fees, that private equity managers pay themselves.