Bold, Confident & WRONG: Why You Should Ignore Expert Forecasts
If you read the paper, watch the news, and listen to investment experts you are doing it all wrong. There…
1We Published Our First Book! Adaptive Asset Allocation: Dynamic Global Portfolios to Profit in Good Times – and Bad
In Adaptive Asset Allocation, Asset Allocation, Behavioural Finance, Factors, Industry Illusions, Institutional, Minimum Variance, Optimization, Permanent Portfolio, Retail, Retirement, Risk Parity, Systematic Investing, Tactical Alpha, Valuation Based Equity Market Forecasts onWe are happy to announce that our book, Adaptive Asset Allocation: Dynamic Global Portfolios to Profit in Good Times -…
‘Tis the Season for Bold Prediction
In Behavioural Finance, Retail onAs we’ve written many times in the past, the human brain is not wired for objective assessment. Through the ages,…
Forget active vs. passive. It’s all about factors.
In Behavioural Finance, Correlation, Diversification, Factors, Miscellaneous, Risk Parity, Tactical Alpha, Value onWe just love a good debate, and there seems to be quite a heated debate at the moment about the…
A fool thinks himself to be wise…
A fool thinks himself to be wise, but a wise man knows himself to be a fool. – William Shakespeare…
The Most Important Concept in Wealth Management
Most investors miss the most important concept in wealth management because they are laser focused on returns as the primary…
Triumph of the Ostriches
Obviously the title of this post is a riff on the classic book, Triumph of the Optimists by Dimson, Marsh…
Predicting Markets, or Marketing Predictions
Mark Twain suggested that it is better to remain quiet and be thought a fool, than to open your mouth…
The Full Montier: Absolute vs. Relative Value
James Montier, one of our favourite thinkers and fellow evangelist for behavioural economics and evidence based investing, published a great…
