Category: Analysis

Analysis

10 Friday Juneteenth Reads

Market Expert Jun 20, 2026

3-Day weekend! Kick it off with our morning reads: • Prediction Markets Let You Bet on Anything. I Bet Against My Own Husband: GQ on a woman who hedged her own husband’s career outcomes on Polymarket. The piece is funnier and darker than the premise suggests. You can wager on war, elections, awards shows, reality… Read More The post 10 Friday Juneteenth Reads appeared first on The Big Picture.

Analysis

MiB: Seth Klarman, The Baupost Group

Market Expert Jun 20, 2026

This week, I speak with Seth Klarman, CEO and portfolio manager of The Baupost Group, a Boston-based investment manager with a multi-strategy approach. Founded in 1982 with $27 million in seed capital, Baupost has grown over the past four decades to $22 billion in assets, with annual net returns of over ~20%. The… Read More The post MiB: Seth Klarman, The Baupost Group appeared first on The Big Picture.

Analysis

Weekend Reading For Financial Planners (June 20–21)

Market Expert Jun 20, 2026

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that the SEC in recent examinations appears to be looking into RIAs' use of held-away asset management technology that allows advisors to more efficiently and securely manage their clients' 401(k) plan accounts by giving the advisorRead More... The post Weekend Reading For Financial Planners (June 20–21) first appeared on Kitces.com.

Analysis

At The Money: Deregulation Will Free Your Portfolio

Market Expert Jun 19, 2026

At The Money: Deregulation Will Free Your Portfolio (June 18, 2026) The new administration promised deregulation and ending red tape to unleash business and animal spirits. An ETF allows you to deploy capital to take advantage of that theme. Full transcript below. ~~~ About this week’s guest: Michael Gayed is Portfolio Manager… Read More The post At The Money: Deregulation Will Free Your Portfolio appeared first on The Big Picture.

Analysis

Tax-Aware Long-Short Investing: Not Just A Tax Overlay, But A Risk-Managed (Active) Investment Strategy

Market Expert Jun 18, 2026

Tax-loss harvesting can be an effective way to reduce investment income in a taxable portfolio, by selling positions at a loss and reinvesting the proceeds in similar securities (but not identical ones, to avoid wash sale rules negating the loss) – which creates a loss for tax purposes that can offset gains from elsewhere inRead More... The post Tax-Aware Long-Short Investing: Not Just A Tax Overlay, But A Risk-Managed (Active) Investment Strategy first appeared on Kitces.com.

Analysis

Transcript: Jean Eric Salata, Chair of EQT group

Market Expert Jun 17, 2026

The transcript from this week’s, MiB: Jean Eric Salata, Chair of EQT group, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube (video), YouTube (audio), and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~… Read More The post Transcript: Jean Eric Salata, Chair of EQT group appeared first on The Big Picture.

Analysis

Training Next-Gen Advisors In Business Development By Getting Really Clear About Who They Serve And How They Help: #FASuccess Ep 494 With Kristin Harad

Market Expert Jun 17, 2026

Welcome everyone! Welcome to the 494th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Kristin Harad. Kristin is the founder of Full Advisor Coaching, a marketing and coaching firm for financial advisors. What's unique about Kristin, though, is how her role has given her a window into how some advisoryRead More... The post Training Next-Gen Advisors In Business Development By Getting Really Clear About Who They Serve And How They Help: #FASuccess Ep 494 With Kristin Harad first appeared on Kitces.com.

Analysis

Serendipity: The Role of Luck in Your Life and Career

Market Expert Jun 16, 2026

Since it’s commencement time, I wanted to share a few thoughts on serendipity. I have been working in finance since 1996 — three decades. My views on nearly everything have evolved over that time: Indexing, crowd behavior, trading, media, hedge funds, fixed income, private equity, technology, success, and money. The biggest belief shift… Read More The post Serendipity: The Role of Luck in Your Life and Career appeared first on The Big Picture.

Analysis

15 Minutes to Being A Better Investor

Market Expert Jun 15, 2026

Fun conversation with the “My First Million” guys! Show Notes: (0:00) Intro (2:19) Christmas tree portfolio (4:43) Cowboy account (9:51) Day trading (11:09) Barry yells at Lloyd Blankfein (13:46) Panic selling (16:45) Sam picks a fight (18:46) Direct indexing (21:43) Great investors (27:25) 90% of everything is crap (36:14) Elon’s foray into PE… Read More The post 15 Minutes to Being A Better Investor appeared first on The Big Picture.

Analysis

Summer Reading List Of “Best Books” For Financial Advisors – 2026 Edition

Market Expert Jun 15, 2026

2026 has been another rollercoaster of a year to start, as the onset of the Iran War triggered a sharp selloff of nearly 10% in the first quarter, only for us to witness a 15%+ rebound in the subsequent two months, forcing advisory firms to both once again manage their early-year expenses, while meeting anRead More... The post Summer Reading List Of “Best Books” For Financial Advisors – 2026 Edition first appeared on Kitces.com.

Analysis

MiB: Jean Eric Salata, Chair of EQT group

Market Expert Jun 14, 2026

This week, I speak with Jean Eric Salata, chair of EQT group. The firm is a purpose-driven global investment organization with over $310 billion in total assets under management, making it the largest private markets firm headquartered outside the United States. We discuss his time working in Asian private equity investment, along… Read More The post MiB: Jean Eric Salata, Chair of EQT group appeared first on The Big Picture.

Analysis

Weekend Reading For Financial Planners (June 13–14)

Market Expert Jun 14, 2026

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that the RIA industry (including both consumer-facing "retail" RIAs and larger asset managers that have investment advisory businesses) notched record highs for assets under management, total clients, and non-clerical employment in 2025, while the total numberRead More... The post Weekend Reading For Financial Planners (June 13–14) first appeared on Kitces.com.

Analysis

At The Money: How Fixed-Income Investors Can Use ETFs to Their Best Advantage

Market Expert Jun 12, 2026

At The Money: How Fixed-Income Investors can use ETFs to their Best Advantage (June 11, 2026) Investors seeking yield were once required to purchase individual bonds or mutual funds. Today, investors can purchase low-cost bond ETFs in just about any flavor you can imagine. Full transcript below. ~~~ About this week’s guest:… Read More The post At The Money: How Fixed-Income Investors Can Use ETFs to Their Best Advantage appeared first on The Big Picture.

Analysis

Balancing Between The Art Of Serving Clients Creatively And Optimizing For Business Outcomes: Kitces & Carl 192

Market Expert Jun 12, 2026

When building a financial planning firm (or any business), there is a tension between personalization and optimization. On the one hand, as a business owner, one ostensibly has the right to create their own rules and only do the work that is most fulfilling to them. Yet at the same time, the reality is thatRead More... The post Balancing Between The Art Of Serving Clients Creatively And Optimizing For Business Outcomes: Kitces & Carl 192 first appeared on Kitces.com.

Analysis

Claude: What Are You Good At?

Market Expert Jun 11, 2026

Last week, I was up in Montreal for a keynote presentation to 750 Bank RIAs. Morgan Housel was the keynote the day before (tough act to follow!). Today, I am speaking with an old friend, Paul Kedrosky, about all things technology on the pod. Paul is a fascinating guy with an interesting background… Read More The post Claude: What Are You Good At? appeared first on The Big Picture.

Analysis

How To Better Help Business Owner Clients Depending On The Stage Of Their Business Journey

Market Expert Jun 11, 2026

Business owners have long been a popular target clientele for financial advisors; successful firms with strong profitability created an advisor opportunity to help business owners diversify their wealth (into the advisor’s managed accounts), to propose tax shelters (to offset business income), and to secure the value of the business with life insurance (to fund buy-sellRead More... The post How To Better Help Business Owner Clients Depending On The Stage Of Their Business Journey first appeared on Kitces.com.

Analysis

MiB: Joe McLean, MAI Capital

Market Expert Jun 10, 2026

On this special bonus episode — as Jalen Brunson and the New York Knicks take on Victory Wembanyama and the San Antonio Spurs in the NBA Finals — I speak with Joe McLean, managing partner of sports & entertainment at MAI Capital Management. Known in NBA circles as being the “money whisperer”, Joe… Read More The post MiB: Joe McLean, MAI Capital appeared first on The Big Picture.

Analysis

Transcript: Chris Davis of Davis Funds

Market Expert Jun 10, 2026

The transcript from this week’s MiB: Beating the S&P For Generations with Chris Davis of Davis Funds, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube (video), YouTube (audio), and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be… Read More The post Transcript: Chris Davis of Davis Funds appeared first on The Big Picture.