Change in Name and Focus

Please note that I am changing the name of my blog from” Mutual Fund Watch” to “The Old Perfessor’s Investment Blog”. I am finding the number of investment topics that I want to share with you going far beyond just mutual funds. I’ll still write about mutual funds, but the wider scope allows me to comment on so much more at a time when I feel it’s sorely needed.

Thanks for Reading!

Greg Staub, Ph.D., CFA

Old Perfessor’s Investment Blog

I have been a professional investor for over 20 years. To say that a great deal has changed in that time is a spectacular understatement. When I first started helping others to invest, there were about 1,500 publicly traded mutual funds. Today, the Morningstar data base lists 26,842 mutual funds and ETF’s. We live in an age of virtually unlimited, inexpensive access to massive amounts of information about just about anything. Perhaps my greatest disappointment has been that despite the profusion of data that investors now have available, it seems that individual investor’s decision making is worse than ever.

From an investor’s point of view, the world has become a much more complex and dangerous place. The basic problem, as I see it is that the vast majority of individual investors no longer see investing as the ownership of assets that can build wealth or deliver steady income. Rather, investing has become more like a giant gambling casino complete with get rich quick schemes and “systems” delivered to us 24/7 on cable TV. Very few people seem capable of looking at the information available to them, taking a step back and asking, does this make any sense in light of what’ s possible and what’s probable.

My goal with the “Old Perfessor’s” blog is to find information that will allow you to invest the right way and filter out the massive amounts of financial pornography that’s flooding the media in all its myriad formats. I’m going tell you what’s important and what it means to you. Also it’s my opportunity, from time to time, to have a little intellectual fun with the purveyors of the aforementioned material.

Note that this post was prepared from material believed to be accurate at the time of posting. Pilot Capital Management, Inc. does not warrant or guarantee that said information was accurate. This blog represents opinion only and should not be construed as investment advice. Investor’s should always consult their own investment and tax advisors regarding the suitability of any investment for their particular needs.