Investment Thoughts From The East Bay Luxury Home Specialist

Real Estate Agent with Alain Pinel Realtors

Having spent nearly 25 years on Wall Street, most notably with Goldman Sachs and Robertson Stephens, i would like to occasionally offer up some relatively low risk and carefully conceived investment thoughts.  I will not use the term advice since i have become sufficiently jaded by many highly successful fund managers from my personal investing experience.

There is a well written article in the December 10th issue of Forbes Magazine that i would like to suggest to each of you.  The title of the article is, "Shock Absorber Funds."  It lists six funds that are all no load (meaning no up front sales charge), run with reasonable annual expenses and each share two more noteworthy characteristics.

Each one of them has more than doubled the S&P's return over the past 10 years.  And they have done it with less risk as measured by beta and Sharpe ratios.  Hey, i know that some of this stuff gets a little technical but-- go have a look and then BUYER BEWARE-- THE PAST PERFORMANCE OF THESE FUNDS IS NO GUARANTEE OF FUTURE PERFORMANCE.

It is my opinion that many of us are so busy we do not scour the financial markets for good stocks (a very risky strategy) or even good mutual funds.  So, maybe i can help... slowly and carefully.


Comments (3)

Ken Cook
Content, coding, marketing, host. - Marietta, GA
Content Marketer/Creator
Good advice. I own a couple of those funds and I missed this article. Thank you for the advice and link. Too bad I don't have a piece of cgm focused fund but I've got a couple in that neighborhood.
Dec 17, 2007 02:18 PM
Janet Guilbault
Platinum Home Mortgage Company - Walnut Creek, CA
San Francisco Bay Area Direct Mortgage Lender
I am always willing to take the advice of someone who had a long and distinguished career prior to entering real estate. Thank you for this, and please continue to share your knowledege. Please note how many posts I have written about the car business. It took me several years to say forclosure. In my mind, it was a repo.
Dec 18, 2007 02:09 AM
douglas moore
Alain Pinel Realtors - Walnut Creek, CA
thanks Janet-- i liked your comment about the repo-- that has lots of visual possibilities of people being locked out of their homes or maybe their homes being rolled off their foundations.. all the possibilities--
Dec 18, 2007 12:06 PM