The investing mantra that touts patience as the best strategy for successful investing extends to choosing, and evaluating, fund managers. Research conducted by Robert W. Baird & Co. provides evidence…
Author: Validea
Active Managers May Have a Fighting Chance
The number of Americans who own individual stocks has “steadily declined since the 1990s,” a situation only exacerbated by the flow of dollars into index funds. This according to a…
Monte Carlo Is No Crystal Ball
When you can’t solve a problem with a formula or equation, you might turn to a Monte Carlo approach in which a computer simulates outcomes for a given situation using…
Blending Strategies to Reduce Volatility and Boost Results
No single investment strategy ensures success and, as we have emphasized time and again, zig-zagging from one to another is a futile (and often costly) exercise. In a recent article…
Tips for Digesting Financial Information
Portfolio managers are bombarded with financial information and must become adept at sifting out what is useful. In a recent Enterprising Investor article, Robert Martorana, CFA, offers some tips on…
Guru Martin Zweig: Earnings-Focused Stock Hunter
Since the age of 13, Martin Zweig was determined to become a successful investor. He succeeded in a big way, and his stock recommendation newsletter (the Zweig Forecast) was ranked…
"Quantimental" Fund Management Raises Eyebrows
It seems that name-melding has extended beyond the ranks of celebrities (think Brangelina and TomKat) to the world of fund management. An article in this month’s Pensions & Investments explains…
Byron Wien's Outlook on the Markets, the Economy, the Election and More
With so many forces at work in the markets and the global economy, there is a lot of uncertainty simmering on many levels. In a Barron’s article from earlier this…
Billionaire Advice Might Not Fit the Bill for All
Another round of advice on sticking to an investment plan might sound like our needle is stuck, but this time we’re coming at it from a slightly different angle. Bloomberg…
GMO: Don't Bail on Hedge Funds
The fall in rates since the financial crisis has benefited stocks and other long-duration assets while hurting short-duration assets such as hedge funds, says GMO’s Ben Inker. “The characteristics that…