Although investors expect to be compensated for the higher inherent risk associated with small cap stocks, historical returns haven’t supported this thesis, according to an article in CFA Institute that…
Five Questions: Investing in Human Freedom with Perth Tolle
The primary focus of most investors is generating returns. And that certainly makes sense given that we all have future goals we are trying to attain, and our portfolios are…
Tiny Activist Fund Making Big Impact
Ben Axler’s hedge fund firm Spruce Point Capital is making a name for itself as a short seller—as well as some handsome returns—through deep-dive research. This according to a recent…
The Next Bear Market Could See a 35% Dip in Dow
In a recent article for MarketWatch, columnist Mark Hulbert explains that the severity of the next bear market has become a pressing question of late, “since Wall Street has shifted…
Factor Investing is Falling Short
The attempts by pension funds and endowments to earn equity premiums by incorporating factor-based funds into their portfolios has fallen short, instead leaving them with uncompensated risks. This according to…
On Telling Luck from Judgement
A recent article in the Financial Times cites the example of Neil Woodford, once a darling of the investment community, whose recent years of underperformance represents a cautionary tale regarding…
Human Error and Behavioral Biases
A recent article in Morningstar addresses the subject of behavioral biases and how they affect investment decision-making. “Most investors,” it says, “could improve their portfolio risk management by turning the…
Tepper to Return Outside Money
A recent Bloomberg article reports that billionaire David Tepper intends to return money to outside investors, “following other marquee names who quit the struggling hedge fund industry to manage their…
Some Lessons For My Former Investing Self
By Jack Forehand (@practicalquant) One of the most dangerous games we all can play in investing is the game of looking back and thinking about what we should have done.…
Swedroe Reviews New Book on Behavioral Investing
In a recent article for Institutional Investor, BAM Alliance Director of Research Larry Swedroe included Daniel Crosby’s new book The Behavioral Investor as one of his favorites on the study…