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3Q16 CIO Commentary

3Q16 CIO Commentary

Quarterly recap, election edition. We recap the 3rd quarter, including:

 — the issues that face Europe are many
 — the US election is looking a lot like the UK's EU referendum did one month out
 — expect a 7.5% return from this market? Think again. We have.

So Think of Fees Like Termites...

So Think of Fees Like Termites...

So think of fees like termites. They're tiny, they're barely noticeable, and they can eat away your f***ing future!

—John Oliver

John Oliver is great at explaining complex topics in a clear, down to earth, and humorous way. Last week he explained the messed up world that is financial advising. 

As a favor to your future self, it is worth watching this for 20 minutes.

1Q16 CIO Commentary

1Q16 CIO Commentary

We recap 1Q16, including:

 — the spread of negative interest rates
 — the downside risk from upcoming UK & US votes
 — VMNFX named Morningstar Alternative Fund of the Year
 — the case for Euro equities and the case against fixed income