Time to Row
We have discussed at length the merits of our “Estimating Future Returns” model and its history of providing more accurate…
0Buy and Hold? Dead Money.
At Butler|Philbrick & Associates, we don’t take anything on faith. Nor do we take expert opinions to heart, as we…
Timing the Bull
In prior posts (here and here) we examined the value of simple market timing systems in generating strong risk-adjusted returns…
Goldilocks and the Three Grizzlies
We have seen that a simple timing system can add substantial value to U.S. stocks over the long term, and…
Taming the Japanese Bear: Nikkei Case Study
The last post explored the efficacy of two simple strategies — a moving average approach, and a momentum strategy —…
Make Stocks Earn Their Way Into Your Portfolio
The investment industry has us pre-programmed to be fully invested all the time, for reasons we have discussed ad nauseum…
The Fee Delusion
In Industry Illusions, Retail onFees are perhaps the most frequently discussed, and least well understood, factor in financial product marketing. Financial organizations that serve…
Newton’s First Law of Market Mechanics
“A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined,…
Retirement at the Casino
Clients and others who have seen us speak, read our material, or know us at all, understand that we at…
