Gene Offredi selected for the Lifetime Achievement Award by the International Association of Top Professionals (IAOTP)

Gene Offredi, Owner & Certified Financial Planner of Summit Investor Coach, LLC, was just recently selected for the prestigious Lifetime Achievement Award, by the International Association of Top Professionals (IAOTP), for his outstanding leadership and commitment to the Wealth Management Industry. While inclusion with the International Association of Top Professionals is an honor in itself, only a few members are chosen for this Lifetime Achievement distinction based on their years of experience in the field, professional accomplishments, academic achievements, leadership abilities, and contributions to their communities. These are truly incredibly talented professionals who have dedicated their life to their work and have had a lifetime […] Read more »

He Called the Crash

February 28, 2013 Weston Wellington, Vice President
Down to the Wire The investment community lost one of its more colorful characters last week with the passing of Martin F. Zweig, a prominent market pundit, author, and chairman of Zweig-DiMenna Associates LLC, a New York investment firm. His death also marks the close of another chapter in the long-running debate on the virtues of market timing. Zweig took a keen interest in stocks as a teenager, and after earning a PhD in finance from Michigan State University, he began writing investment newsletters while teaching in New York. He launched The Zweig Forecast in 1971 with a handful […] Read more »

Those Who Can Time The Market

OK, “Those Who Can Time The Market” is a teaser headline. I’m not aware of anyone, with any tool or tools who can consistently make correct market timing calls — of when to get in or out of the market(s) or which asset class(es) to move into and which to move out of. I actually exhibited a minimal amount of “genius” back in my past. This semi-famous call of mine was brought to mind by the recent death of well known and respected market commentator, analyst and manager, Martin Zweig. He and I both shared some fame based upon a call made back in 1987. […] Read more »

Why Active Investment Is A Losing Bet

Friedrich Hegel’s sobering still observation remains unshaken: “…the great lesson of history is that no one learns anything from history!” Despite multiple decades of investment history, actually almost a century of statistical market history, like a belief in Santa Claus, investors still wish to believe that there are gurus and super knowledgeable experts out there who can divine the future and pick the best stocks. Those who have attended our recent Lunch ‘n Learn and Bootcamps had an opportunity to view a video interview with one of today’s foremost experts on investing: Charles Ellis. What he has to say finds him in the company of […] Read more »

“Caveat Emptor” The Two Most Important Words (for investors)

written by Fred Taylor Tue. 05 Mar 2013 I doubt that my old high school teacher (and world class basketball coach) Tom Morgan could have ever imagined when he taught me that I’d be quoting him decades later. Nevertheless, here we are. The two words are Latin: “Caveat Emptor” and mean: let the buyer beware. In this case, the “buyer” that I’m referring to would be an investor. Today is likely to wind up an historic one. As this is being written, the Dow, as described by the talking heads on CNBC is “soaring to new heights.” Just as they amp up the volume, screaming […] Read more »