by Brian Jacobs | Aug 1, 2025 | Blog, Investment Concepts
Bloomberg’s latest piece on the housing market (“U.S. Real Estate Market: High Prices, Mortgage Rates Hamper Spring Home Selling”) captured the state of the housing market well: prices are high, mortgage rates are punishing, and activity is stuck. Similar headlines...
by Brian Jacobs | Jun 27, 2025 | Blog, Investment Concepts
In a prior post, Fixed Income: Coupon is King, we explored the long-term return profile of the Bloomberg U.S. Aggregate Bond Index (the “Agg”). One of the more surprising takeaways was just how modest the Agg’s outperformance has been relative to...
by Brian Jacobs | Jun 20, 2025 | Blog, Investment Concepts
When the Buss family announced the sale of the Los Angeles Lakers for $10 billion, headlines and social media lit up. After all, they had purchased the team in 1979 for just $67.5 million. Many quickly did the math: More than respectable, sure, but not...
by Brian Jacobs | Jun 10, 2025 | Blog, Investment Concepts
In the world of options trading, the term “zero-cost collar” often suggests a strategy that offers downside protection without any costs to the investor. However, while the strategy may not require an upfront payment, it is not without an implicit cost…...
by Brian Jacobs | May 19, 2025 | Blog, Investment Concepts
When investors evaluate fixed income strategies, the first question is usually about yield. What’s the income? What’s the payout? That focus is understandable. Yield is easy to measure, and there’s a certain comfort in seeing income show up regularly. But in taxable...
