Long-time Fed watcher Richard Clarida gained a different perspective, including some surprises once he was inside the Fed making policy decisions.
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ELLIS: VANGUARD TRANSFORMED
Investment giant Vanguard has been closely identified with its founder John “Jack” Bogle, who created the first index fund for individual investors there in 1976. Bogle left the firm in 1996, but as Charles Ellis explains in Inside Vanguard, Vanguard underwent a transformation after Bogle left.
TRENNERT: RELEVANT INVESTMENT CLASSICS
What can investors learn from history? A great deal, says Jason Trennert, who recommends two investment books particularly suited to our time.
HYMAN: CLASSIC BUSINESS GIFTS
Legendary Wall Street economist Ed Hyman is a voracious reader. He recommends two investment classics as holiday gifts.
ELLIS: INVESTMENT MISTAKE & SUCCESS
Even the most knowledgeable investors make mistakes. Legendary financial thought leader Charles Ellis learned from one whopper, but he is still benefiting from a major success.
KESSLER: STILL CLIMBING
Outspoken bond manager Robert Kessler recently closed his firm and retired from active management, but he has no intention of retiring from the challenges of world-class rock climbing. We asked him why.
