With bonds yields near all time lows and stock valuations near all time highs, the future returns of the 60/40 portfolio don’t look promising. This has led many investors to…
Eighteen Financial Terms That Define Our Time
By Justin Carbonneau (@jjcarbonneau) — Market events and periods of time bring about new terms, definitions and areas of focus and importance for investors. One generation of investors may grow…
Before Robinhood, AAII’s Cloonan Championed The Small Investor
Long before Robinhood, James Cloonan founded the American Association of Institutional Investors to help the small investor take on—and beat—the Wall Street establishment, details a profile in Investor’s Business Daily.…
Equal- vs. Market-Cap Weighted Portfolios
The general advice to diversify, reduce fees, avoid active trading, and to keep it simple is easier said than done—especially in 2021, contends an article in the CFA Institute Enterprising…
Would You Have Bought Berkshire Hathaway in 1975?
If investors had purchased $1000 worth of Berkshire Hathaway stock in 1975, it would be worth $7.5 million today. But how did BRK’s equity look back then? John Rekenthaler asks…
It Will Take A “Miracle” To Retire
46% of Millennials, 45% of Gen Xers, and 30% of Boomers think it will take a “miracle” to retire. This according to the 2021 Natixis Global Retirement Index, as detailed…
Gregg Fisher, Multi-Factor Pioneer, Talks Investor Behavior, The Future Of Value, Investing In Innovation & Lessons From 20+ Years as a Quant
Our guest in this episode is Gregg Fisher of Quent Capital. Gregg was a pioneer in factor investing and the founder of Gerstein Fisher, which he grew to over $5…
The Investment Table Suckers
Institutional investors (i.e. mutual funds) outperform the market before fees—at the expense of retail investors, who underperform after fees. This conclusion comes from several recent studies, as detailed in an…
Laurence Kotlikoff: Most Retirement Planning is Wrong
In an interview with Barron’s, economist Laurence Kotlikoff doles out some practical advice for retirement planning. The focus should be on smoothing and protecting spending throughout a person’s lifetime and…
The Elusive Definition of Quality
Buying stocks of high quality companies is something investors are almost universally attracted to. But the details of how to define quality, and the reasons why it works can be…