New research on the low-risk anomaly—in which less risky stocks earn higher risk-adjusted returns—shows “exactly which types of stocks are likely to perform poorly over time, especially in a bear…
Shift from Momentum Proves Boon or Einhorn's Greenlight Capital
David Einhorn’s Greenlight Capital hedge funds gained 8.4% in September, bringing average weighted returns for the year to 24%, the company reported. This according to a recent article in Bloomberg.…
Lessons from March For The Fallen
On September 28th, 2019, I had the privilege of participating in March for the Fallen (#MFTF), an event that honors military soldiers who lost their lives defending our country and…
Business Ownership in the Age of the Public Corporation
A recent article in The Washington Post criticizes the recent announcement by the Business Roundtable—an organization of corporate CEOS– that its members are “redefining the mission of their companies ‘for…
Risky Economic Doctrine is Becoming Hot Idea
The type of stimulus that used to be taboo—one in which central banks take a more junior role and collaborate with governments—is gaining appeal. This according to an article in…
Robert Shiller Says a Data Revolution is Coming
Nobel Laureate Robert Shiller says we are facing a revolution rooted in a “huge acceleration in the amount of data available to researchers,” which he discusses in his new book…
Swedroe: Private Equity Hurts Investor Wealth
While private equity has made some wealthy, recent studies have shown that regular investors have not been the beneficiaries of this wealth. This according to an article by Larry Swedroe…
The Rising Bar for Active Management
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…