The ability to predict the future sounds pretty enticing, but few (if any) are any good at it. In 2005, Wharton professor Philip Tetlock studied how ‘experts’ did at forecasting,…
Author: Validea
Glassman: Worrying About the Next Recession Won’t Help
The tenacity of the current bull market begs the obvious question as to when it will end and, as we approach the election, uncertainly is heightened by recent lackluster GDP…
Steve Cohen's Head Performance Coach Talks Portfolio Manager Mindset
As the PGA tour winds down and the Olympic Games approach, it seems only fitting to share some perspective on the investment world from a famous sports psychologist. Dr. Gio…
Sanity and Savings are Paramount for Today’s Investor
“Rates probably won’t rise until almost no one on earth is expecting them to. When that happens, it will hurt,” blogs Jason Zweig of The Wall Street Journal. Underscoring the…
The Stubborn Bull Market Continues to Advance
While waiting for the other shoe to drop has become a favorite pastime for many in the investment community, the current bull market appears to be pretty sturdy. Precisely why,…
Bide Your Time in an Overbought Market
Although current market conditions might make assets vulnerable to reversal, that doesn’t necessarily mean a drop is imminent. When asked whether recent gains in the S&P 500 mean it’s time…
Active Share is not a Predictor of Fund Performance
At a time when fund expenses are increasingly under scrutiny, some have turned to active share (the level of correlation between an index fund and its benchmark) as a predictor…
A Conversation with Nuveen’s Bob Doll
Making predictions can be pretty dicey business in general, but particularly when it comes to matters of the economy. A recent Investment News article recapped an interview with 36-year veteran…
In Factor Investing, Integration is a Plus
Portfolio diversification is a known strategy for minimizing risk, but these efforts can be thwarted if the diversified securities react in a similar way to market conditions. Factor investing is…
Zweig: Avoid Higher Risk When Yields are Low
It seems that yield-starved investors are turning to high-risk investments in what Jason Zweig of The Wall Street Journal recently termed, “a reckless lunge.” Since June 30th, inflow to ETFs…