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|Subject: Investing the Downward Dog Way?||Date: 6/10/2013 6:30 PM|
|Author: intercst||Number: 72477 of 74537|
Some new horizons in financial planning and investment advice.
I bet buying a dog is a lot cheaper.
When the Dow Jones Industrial Average hit a new record this past March, Brent Kessel awoke at 3:30 a.m.
But the financial adviser, who co-founded a firm that manages more than $800 million, wasn't up early because he was giddy about the market. He was hopping on a motor scooter in Mysore, India, to stand on one leg with the other leg behind his head and chant in Sanskrit at the school where a branch of modern yoga has its origins.
Mr. Kessel, who devoted himself to responding to emails from his clients and colleagues later that day, shrugs off the bull market.
"Everything is impermanent, especially the market's level," says Mr. Kessel, whose firm is Abacus Wealth Partners in Santa Monica, Calif.
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