The Reckoning of the Hedge Fund Kings
Research from the firm HFR Inc. shows that clients have withdrawn money from stock-picking hedge funds for three years running, the longest stretch of outflows since it began tracking data…
A “Protective” Alternative to the 60/40 Portfolio
By Justin Carbonneau (@JJCARBONNEAU) As this Forbes article points out, the 60/40 portfolio is “one of the most dominant investment approaches of our time”. This asset allocation is incredibly simple…
Deep Dive into Value Performance
For the first in a three-part article series, Morningstar used its database to “dig into the current spell of underperformance for value funds” by analyzing the historical landscape, putting recent…
Small-Cap Value Stocks May Be Worth the Wait
According to a recent article in Barron’s, “academics have found that small-value stocks beat more popular growth ones if you can wait out the fallow periods.” “One of the most…
Why Value Has Been Lagging Growth
Amidst continued speculation that the value strategy is dead, asset manager Dimensional Fund Advisors argued that its growth performance that has been abnormally high relative to historical levels. This according…
Investing Lessons from the Best Poker Players
Researchers on game theory say that poker strategies can translate into lessons for investors, according to a recent article in The Wall Street Journal. Carnegie Mellon professor of philosophy Kevin…
Testing the Buy-and-Hold Gospel
A recent Wall Street Journal article by columnist Jason Zweig dispels myths regarding history’s market crashes and offers insights regarding how they relate to today’s market and to a “buy-and-hold”…
Ed Yardeni on Lifestyle of the Rich & Famous President
In a recent posting on Yardeni.com, Ed Yardeni outlines some factors contributing to the current economic climate. “In my opinion,” he writes, “consumers are doing what they do best because…