Frank A. Sortino sings “The Stock Market Blues” for real.
That is the title of a blues ballad Mr. Sortino, chairman and chief investment officer of Sortino Investment Advisors LLC, Menlo Park, Calif., composed.
While Mr. Sortino is also a professor of finance emeritus at San Francisco State University and founder of the Pension Research Institute, he devotes his spare time to playing the tenor saxophone. On one recent night, he departed from professional work on downside management to pick up a downbeat, sing his blues ballad and play the sax, jamming with musicians at Savanna Jazz, a club in San Francisco.
His song tells a bitter tale of big losses in the 2008 market fall and then finding retribution rather than redemption in short selling in an attempt to outsmart a rising market.
Talking about his performance, Mr. Sortino said: “I'm not giving up my day job.”
Here's Mr. Sortino's melancholy lyrics: