It’s not often that celebrity home-buying sprees give me insights into the stock market. However, when I read last Friday about Ellen DeGeneres’ purchase of a $49 million house in Montecito, California, I realized that this behavior helped me understand the current exuberant state of the stock market. Read the full article on CNBC.com
[VIEW FULL POST]Kari was mentioned in this recent CNBC Pro article The utilities sector isn’t exactly known for exciting investors. These companies aren’t going to see their shares shoot up in a heartbeat, like some names in the high-flying technology sector. Nor are they household names that consumers know and love. Read the full article on CNBC.com
[VIEW FULL POST]Premiums and discounts are fascinating for investors. Nine months ago, you couldn’t give away a huge house in most suburban neighborhoods outside major U.S. cities. Now, those same houses sell at a huge premium to their 2019 prices, and penthouses on the 60th floor in Midtown Manhattan have slipped to a steep discount from their…
[VIEW FULL POST]What seemed like a few decades ago, I mean in February, people used to occasionally ask “How’s business?” Despite usually responding, “Fine, thanks,” I would often think of the inquiry as two-part. One, and probably most important, was about our investment performance, but the other concerned our operations, particularly new business. Read the full article…
[VIEW FULL POST]Recently, Kari spoke at SALT Talks, an ongoing series of digital interviews with the world’s foremost investors, creators and thinkers. Watch the full video on YouTube here
[VIEW FULL POST]This year’s winners may not be leading the market next year. Of the 50 top S&P 500 performers in 2018, only three were on the same list for 2017, and only four have remained on the 2019 top winners’ list. Read my full article on CNBC.com
[VIEW FULL POST]Vanguard, the non-profit financial giant that single-handedly revolutionized the investment management world, reportedly wants to join the private equity party train. Is this another market that it intends to overhaul by passively managing and micro-pricing index fund offerings to the masses, or is Vanguard worried about missing a possibly overheated market that its clients find sexier than…
[VIEW FULL POST]In her latest post for CNBC, Kari touches on what professional investors do in market selloffs. Read the full post on CNBC.com
[VIEW FULL POST]Equinox is branching out of its expertise, opening its first branded hotel and investing in a real estate project that will include co-workspace and apartments, all in Manhattan’s newest and hippest location, Hudson Yards. Industrious, a venture-backed WeWork-like developer, with an enviable name, will be its partner. I am as amazed by the ambition and…
[VIEW FULL POST]As the Massachusetts gaming commission began hearings last week to decide if the Wynn Co will retain its license to operate the first major urban casino on the East Coast, I walk through many sectors that have dramatically changed since I began my investment career. Read the full article on CNBC.com
[VIEW FULL POST]
