Morgan Housel on the Psychology of Money
In an episode of The Motley Fool radio show, host Chris Hill talked to The Collaborative Fund’s Morgan Housel about the psychology of investing and how humans behave when it…
The Death of the Hedge Fund Industry Has Been Greatly Exaggerated
An article in Bloomberg reports that, despite the closure of some bigger name hedge funds, the overall number of liquidations fell in 2018. What may have seemed like an omen for…
U.S. Leveraged Loan Market Sinking
The top-performing U.S. debt market is “showing a few cracks,” according to an article in Bloomberg that reports that it is priced at its lowest level since 2016. “And there…
Market Observations from Bill Miller
In an investor call last October, fund manager Bill Miller of Miller Value Partners shared market insights and observations. Here are some highlights: “It’s the beliefs and expectations that really…
Study Claims That the Momentum Factor Doesn't Work
A new study from Dimensional Fund Advisors concludes that fund managers “can’t find a way to profit” from the momentum factor, according to an article in Institutional Investor. The study,…
New Research Shows Charities are Bad Investors
An article in The Wall Street Journal reports a new study which shows that while many nonprofits “promote great causes, few are great at managing money.” The study, which evaluated…
Bridgewater's New Brain is a Millennial Woman
A recent article in Forbes profiles Karen Karniol-Tambour, head of investment research at Bridgewater Associates, the world’s largest hedge fund (assets totaling $160 billion). Karniol-Tambour, the article says, “directs a…
Our Beliefs Don't Predict Economy
An article in The New York Times by Nobel Laureate Robert Shiller argues, “The more we learn about how people really think, the more we must rethink economic theory.” Shiller…