One might logically think that the top Ivy League schools would have the ability to screen and hire the best money managers in the world, to manage the tens of billions of dollars they have in their endowment funds. Recently, many of these schools reported their performance for the fiscal year ended June 30, 2009....Read More
Ron and I enjoy reading periodicals from other countries; in particular the Financial Times, published in the U.K. They always have such interesting articles and we get to view ourselves from “across the pond.” As a financial gerontologist, I took particular interest in a recent issue (Oct. 3, 2009) of the FT that had an...Read More
Alexandra Zendrian Ronald Roge, chief executive officer of R.W. Roge & Co., agrees. “It is really an instrument of creative destruction. Out with the old books and newspapers and in with the new e-ink,” he says. Read MoreRead More
David Grant “It all depends on how deeply Wal-Mart wants to cut prices. It’s kinda throwing the ball up in the air in terms of Wal-Mart and seeing how it trickles down to the other retailers,” says Steven Rogé, portfolio manager at R.W. Rogé & Co., a financial-management firm in Bohemia, NY. Read MoreRead More
Alexandra Zendrian Ron Roge, chief executive officer of R.W. Roge & Co., agrees that investors shouldn’t read too much into the unemployment numbers. These numbers won’t likely improve soon, as employers will first try to replace their lost workforce with technology and then hire temporary workers before hiring employees full-time. Read MoreRead More
Alexandra Zendrian Roge says the housing crisis is a 10-year cycle and we’re in the fourth year of it. “Housing has lost about 30% to 35% of its value and we may have another 5% to go before we see a real bottom,” he says. That bottom may come next year and could last for...Read More
Julianne Pepitone Steven Rogé, portfolio manager at R. W. Rogé & Company, is more cautious. “Some investors are forward-looking, saying the picture is not as dire as it was,” Rogé said. “But at the same time a lot of money managers are still looking in the rearview mirror at lagging indicators like unemployment.” Read MoreRead More
Alexandra Zendrian “It is also about moving raw materials and finished goods,” says Ron Roge, chief executive officer of R.W. Roge & Co., as more factories will be producing goods in the recovery. Read MoreRead More
Paul Lim “Psychologically, a lot of people measure themselves off of the highs,” said Ronald W. Rogé, a financial planner in Bohemia, N.Y. For now, though, the danger is that the market may be entering a period of rising optimism just as the fundamentals sour. Read MoreRead More