On October 02, 2017, Northern Trust Asset Management launched Northern U.S. Quality ESG Fund. It strikes me as a particularly interesting fund which combines two separately valuable commitments in a single low-cost platform.
The case for investing in high quality companies is almost definitional. No sensible person buys low quality anything when, for about the same price, they can get a high quality alternative. The key is having a viable definition of “quality” and a clear sense of how much of a premium a quality company might charge. Northern has done a Continue reading →


For those of us who teach, August is a bittersweet month. Each year we approach summer like a gaggle of penitent drunks. This time, we promise, it’ll be different. We’ll do better. Trust us: we will revise all of our courses for fall. We will catch up on that mountain of books heaped beside the chair. We will finish that book manuscript (Miscommunication in the Workplace, 2d ed., in my case.). On top of which, we’ll see our children without the use of small electronic devices, we’ll be out there running at 6:00 each morning, we’ll get our roughage and