…the respective roles of luck and skill in the investing world. Woodford’s story is not unique, the article notes, and while successful people can begin performing poorly due to overconfidence…
Search Results for: investing greats
Human Error and Behavioral Biases
…“Investors should prioritize the risk of bad behavior on their investment decisions because its within their control, likely to occur, and can meaningfully impact the odds of long-term investing success.”…
Some Lessons For My Former Investing Self
…process for any investing strategy. Sincerely, 2019 Jack I wish I had Daniel Crosby’s excellent book, The Behavioral Investor, when I started out in investing. If I did, I would…
Swedroe Reviews New Book on Behavioral Investing
…Crosby’s recommendations to investors: “Systematic investing trumps discretion;” “Diversification and conviction can coexist;” “Prepare for bursting bubbles without being too fine-tuned to them;” “Less is more when it comes to…
Jim Stack: Market Insights from Montana
…investors should instead look for warning signs or “factors that signify it is late in the cycle and one should be pursuing a more defensive investing course”. He cites a…
Is Warren Buffett the Greatest Factor Investor?
An article in CFA Institute offers an overview of how Buffett’s Berkshire Hathaway has avoided many of the major pitfalls suffered by other “star” investors and how, from a factor-investing…
What Quant Value Models Can and Can't Do for You
…Graham’s Value Investing ≠ Fama/French’s Factor Investing — explaining why buying stocks based on measures like book-to-market (the inverse of price-to-book) is nothing like the Ben Graham / intrinsic value…
Do Robots Offer an Edge in the Investing Arms Race?
Quantitative traders are hoping that computer-driven strategies will be able to “figure out this crazy stock market,” according to a recent article in Bloomberg. “Machine-learning takes quant investing to the…
Great Investors are Philosophers
…underlying market dynamics.” The article describes books such as Benjamin Graham’s Intelligent Investor and David Dodd’s The Most Important Thing as timeless in that they focus on investing fundamentals rather…
Investors: Consider revenue-weighted ETFs
An article in CityWire suggests that investors should “forget the switch from active to passive” and consider investing in revenue-weighted indices. Citing Schroders research, the article reports that over the…