Profile of JCB
From the Philadelphia Inquirer column “Influences: What shapes the minds that make the news”, Sunday April 30, 2006. Click here for the full text
Two New Articles on Executive Compensation
The Times’ Gretchen Morgenson had a wonderful profile this past Sunday of the proxy battle going on over executive compensation at Pfizer. I was especially pleased, as you might imagine,…
Compensation Disclosure
I was pleased that the New York Times’ Gretchen Morgenson picked up on my call for the SEC to include mutual fund executives in any new executive compensation disclosure regulations…
Mutual Funds and Taxes
The February 25, 2006 issue of the Wall Street Journal carried an op-ed piece by Eugene Fama and and Ken French (here, for subscribers). Their article inspired me to submit…
Mutual Funds: How a Profession with Elements of a Business Became a Business with Elements of a Profession
Speech given before the Boston Security Analysts Society on February 24, 2006 Click here to read it
Brother, Can You Spare $350 Billion? – The Motley Fool
This article does a great job of putting the costs of “financial intermediaries” into perspective. The Motley Fool – March 16, 2006
Don’t Look for Me at Davos
The Wall Street Journal – January 27, 2006 This year I’ve decided not to call the pilot, pop on to Vanguard’s G-4 and jet to Davos. Partly because we don’t…
The Amazing Disappearance of the Individual Stockholder
The Wall Street Journal – October 3, 2005 The amazing disappearance of the individual stockholder as the backbone of the U.S. stock market has been one of the least recognized…
The Spitzer Effect
The Wall Street Journal – November 18, 2004 “Most of the mistakes and major faults of the financial era that has just drawn to a close will be ascribed to…
Fair Shake or Shakedown?
The Wall Street Journal – July 8, 2004 Recently described on these pages as “a strange law enacted in 1940,” the Investment Company Act is the foundation of the modern…