
Economics Matters with Laurence Kotlikoff Fred Lane is back with Secrets for Avoiding Your Personal 1929
I'm not a big fan of investment advisors. Economics teaches us that not everyone can beat the market. Yet, there are tens of thousands advisors out there who will tell you that they and they alone have the secret sauce. Actually, economics teaches us that no one can beat the market unless they have inside information. But economics also tells us how to keep the market from beating you -- by taking risk, but limiting your downside, diversifying, and following your brain, not your emotions in making investment decisions. Fred has decades of experience valuing roughly 10,000 companies. He also knows that markets can go nuts. Today, a third of the value of the S&P comprises 10 AI companies who have yet to make a profit. So, is an S&P index really diversified? Not so clear. It may simply be everyone’s green dream. Or not. Fred is back to help us better hedge our bets in a time of national, global, and technological upheaval the likes of which we didn’t see in 1929 when things went poof simply because everyone collectively decided they were going poof. In short, we don’t need crazy to go crazy. Fred is pure shelter from the storm - real and imagined. So watch/listen to Fred and pull up the song by you know who on YouTube!
Fred has over 40 years of investment and corporate finance experience, as a portfolio manager, a private equity investor and an investment banker. Fred's clients have included Staples (where he was a founding investor); Advanced Micro Devices; Forest Laboratories; ULTA Beauty; Tractor Supply; Berlitz International; Rexnord; Fairchild Industries; Plantronics; and numerous others. Fred is also a highly experienced private equity investor, having invested in more than 80 private companies. Fred received his A.B, cum laude from Harvard College and his MBA with Distinction from Harvard Business School.
Prior to founding Lane Generational in September 2020, Fred was Senior Vice President, Investments at Raymond James & Associates, Inc. from October 2014 to September 2020 and also served as Vice Chairman, Investment Banking from May 2009 to October 2014. Fred was Chairman, CEO and Founder of the investment banking firm Lane, Berry & Co. International, LLC (which was acquired by Raymond James in May 2009) from January 2002 through January 2013. Prior to that, Fred was a Managing Director and Principal of Donaldson, Lufkin & Jenrette Securities Corporation (DLJ). Fred joined DLJ in 1976 and was instrumental in the growth of DLJ's investment banking business. He also served as Co-Head of the Mergers and Acquisitions Department at DLJ and as Managing Director – Senior Advisor of Credit Suisse First Boston upon CSFB's acquisition of DLJ in 2000.
