The Value Bias
I am perpetually mystified by the pervasive insistence by investment professionals that ‘value’ dominates ‘momentum’. This debate really comes down…
0Reuters Interviews Butler|Philbrick & Associates’ Adam Butler
Behavioral investing gains traction Fri, Jul 23 2010 By John McCrank TORONTO (Reuters) Irrational reactions to the market chaos in…
Don’t Touch That Marshmallow
Every parent is concerned with whether his or her child has what it takes to succeed in life. We obsess…
Harness The Human Condition to Achieve Financial Independence
In Behavioural Finance, Industry Illusions, Retail, Retirement, Systematic Investing, Tactical Alpha onThe last few posts (here and here) have injected a dose of reality into the debate around future return expectations…
A Requiem for MPT
Modern Portfolio Theory was conceived by Harry Markowitz in the 1960s, and is the theory upon which almost all contemporary…
Smash that Crystal Ball
It’s that time of year again. Yep, the time of year when the major Bay Street and Wall Street…
Mythbusters: Investor Edition
Myth #2: You Will Get Rich by Heeding the Forecasts of Experts Among all forms of mistake, prophecy is the…
Mythbusters: Investor Edition
It is prudent periodically to upset the apple cart in order to see what sort of rot and grime are…
Astrology, Voodoo, Tarot Cards and Economics
From a recent piece by Michael Hudson (h/t Leo Kolivakis), economist and author of ‘Trade, Development and Foreign Debt’: Bad…