Paul Volcker Invalidates Modern Portfolio Theory
US Federal Reserve ex-Chairman Paul Volcker, whose policies under President Carter in the later 1970s and early 1980s single-handedly stuffed…
Do Past Returns Predict Future Returns? Not Very Well – In the Short Term.
An article in this week’s Barron’s (subscription required) cites a study by Eaton Vance where they analyzed 10-year rolling returns…
Retirement: A Foundational Pyramid Case Study
In Retail, Retirement on“Contradictions do not exist. Whenever you think you are facing a contradiction, check your premises. You will find that one…
Reuters 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…
Market Update: July 23rd, 2010
In Market Commentary, Retail onThis is a quick update on markets and models. As you know, markets swooned in April, May and June, culminating…
Jekyll or Hyde Market
Readers will undoubtedly be familiar with Robert Louis Stevenson’s famous tale, The Strange Case of Dr Jekyll and Mr Hyde.…
The Three Horsemen of Retirement Apocalypse
In Retail, Retirement onWe have stated many times in past articles that the brain uses facts as factors, but makes decisions on emotion.…
Quirky QWERTY
Parents will be familiar with the age-old question, ‘But why?’, repeated ad nauseum by children everywhere as they try to…
Butler|Philbrick & Associates Featured In the Press
Your humble bloggers were featured in a Reuters story on May 26th discussing how wealthy investors’ expectations have changed over…
