Articles in this issue:
Chairman’s Message: Let’s Hope Next Year is Better
The most frequent comment in Christmas cards and New Year’s greetings I received over the past few weeks was – “Let’s hope 2009 is better than 2008.” I couldn’t agree more…
Swimming Naked
As Warren Buffett once said, in reference to major insurers’ inadequate protection from catastrophes after Hurricane Andrew: ‘When the tide goes out, you can tell who has been swimming naked!’…
2008 – A Year of Emotion and Upheaval
Whether as part of our jobs or out of personal interest, many of us have followed the U.S. credit crisis and can recite the events in great detail…
Evaluating Investment Managers
The past year has been one of the biggest tests most investment management firms have ever faced…
Black Swans and Improbable Events
This past summer, I read Nassim Nicholas Taleb’s now-famous book called The Black Swan: The Impact of the Highly Improbable. If you haven’t had a chance, it is an interesting read, particularly given the events of the past year…
