Tag Archives: Portfolio

The Awesome Portfolio Checklist – Infographic

Want to know how to have a great portfolio? You could read a huge stack of books and academic papers. We’ve done that for you, and distilled it down to the seven things you should make sure you do. Continue reading

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JPMorgan Loses $2 Billion in Chief Investment Office – Bloomberg

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon said the firm lost about $2 billion on synthetic credit securities after an “egregious’” failure in its chief investment office, which the bank says focuses on hedging.

“This portfolio has proven to be riskier, more volatile and less effective as an economic hedge than the firm previously believed,” the New York-based company said today in a quarterly securities filing. JPMorgan declined 5.5 percent to $38.50 in extended trading at 5:55 p.m. in New York...More

JPMorgan Loses $2 Billion in Chief Investment Office – Bloomberg.

This is a bad time for bankers to lose $2 Billion while speculating. Not that there is a good time to lose such an amount of money, but in an election year at hand and lots of regulation calls circulating all over the place, Dimon didn’t do the industry a good service. A lot of this case sounds very familiar and will raise some eyebrows with people on main street, especially since JP Morgan was always presented as the “smartest” bank in the country.

Do you trust Goldman? Is it good for Facebook to be involved?

This morning I had a real interesting conversation. A friend called me and wanted to talk about his portfolio. While we were doing so, he came up with a few new companies he wanted to take a look at. When he mentioned them, I thought yes, those might be good choices for an investment. While talking, he brought up something I have heard before, but didn’t really took too serious. He stated, “there is too much Goldman opinion in the analyst’s view”. I asked, what he means by that and the answer is, while not entirely new, kinda interesting: “If Goldman comes up with an Analyst opinion or recommendation, you must do the opposite or stay away”. Continue reading