By Jack Forehand, CFA (@PracticalQuant) Active managers as a whole have always been pretty bad at their job. Depending on what data source you use and what time frame you…
Private Equity Maybe Be Ripe for Disruption
The decreasing number of public companies and high fees in private markets are creating “the perfect conditions for a passive player to upend private equity,” according to an article in…
A Trick for Better Investing
A recent article in Morningstar discusses how investors can use the laws of psychological distance to their advantage. Psychologically, the article explains, “things that feel close take up more mental…
Ken Fisher to the Fed: Cutting Interest Rates Will Hurt Economy
In a recent article for USA Today, investment expert, author and columnist Ken Fisher wrote, “Hey Federal Reserve Board: Pay attention!” adding that the central bank’s plan to cut short-term…
Bill Gates' Simple Investment Strategy
In an interview with Bloomberg Television, billionaire Bill Gates explained how he has managed to add $16 billion to his net worth this year (bringing it to $106 billion): “The…
JPMorgan: Why Doesn't Anyone Like Energy Stocks?
JPMorgan believes it is finally energy stocks’ time to shine, according to a recent article in Bloomberg. “The U.S. energy industry features the second-worst performing group of stocks in the…
Investing Lessons from Peter Lynch
A recent article in Fidelity.com offers insights from investing legend Peter Lynch. Here are some highlights: “In the stock market, the most important organ is the stomach. It’s not the…
O'Shaughnessy Insights on Value's Terrible Performance
In a recent interview on the Bloomberg Markets Odd Lots podcast, O’Shaughnessy Asset Management (OSAM) co-CIO Chris Meredith talked about value’s long period of underperformance and shared some insights regarding…
Factor Investing's Brutal Truth
A new study published in the financial Analysts Journal argues that although asset managers can generate more returns by using market timing factors than they can with passive strategies, associated…
Rob Arnott Claims Victory on Factor Crowding
Research Affiliates Co-Founder Rob Arnott is feeling “redeemed” after the rotation earlier this month from growth to value outperformance, according to an article in Bloomberg that says, “it smacks of…