FEATURED POST

Get our latest research insights, exclusive content and event invitations delivered straight to your inbox.  Follow us on Twitter.

  • Volatility Gremlins

    Read more
  • Hard Questions for Your Investment Advisor

    Does your Advisor have a ‘get out’ strategy to take you to the sidelines when markets are risky? Can your Advisor clearly articulate his/her buy and sell rules, and can he/she demonstrate their effectiveness? Is your Advisor a Portfolio Manager? If not, how does he/she manage portfolios with ad-hoc positions? Does your Advisor have a process for taking advantage of…

    Read more
  • 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 the inflation genie back into its bottle, and laid the foundation for the world’s longest period of uninterrupted growth, set aside his prepared remarks at a Federal Reserve of Chicago event yesterday and instead delivered a “blistering, off-the-cuff critique leveled…

    Read more
  • Oh Canada?

    In the course of any given year, Mike and I speak with dozens of new clients about their experience with investing. Inevitably, these clients have spent the majority of their investment horizon with most of their money parked close to home. That is, these clients have been advised for many years, by a variety of Advisors, to keep the majority…

    Read more
  • 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 on the S&P 500 back to 1926. The study found that just 4% of 12-month periods experienced negative returns. They also discovered that average annual returns to stocks in the 10 years that followed periods with negative 10-year returns were…

    Read more
  • Retirement: A Foundational Pyramid Case Study

    “Contradictions do not exist. Whenever you think you are facing a contradiction, check your premises. You will find that one of them is wrong.” – Ayn Rand We are often provided with an opportunity to re-educate clients about the mechanics of retirement finance. New clients often bring along financial plans from previous advisors, so we have an opportunity to compare…

    Read more
Load More

Get The Book

“This book is relevant and recommended for investors who wish to learn more about harvesting factor premia.”

Jason Hsu, PhD., Research Affiliates November 4, 2015

“This book is dense with novel insights…earning it a prominent place on my own financial bookshelf.”  

Doug Short, Ph.D., Advisor Perspectives November 4, 2015

“The ReSolve crew at their best… Those enlightened Advisors who understand the power of active asset allocation and risk management should read this book.”

Meb Faber, Cambria Investment Management November 4, 2015

“AAA merges empirical analysis and common sense to illustrate fundamental lessons in financial markets. The book has something for everyone: from retail investors to financial professionals. Read it!”

Wes Gray, Alpha Architect November 4, 2015

About Us

GestaltU is a forum for research, opinion pieces, and educational material from the team at ReSolve Asset Management. Our views are driven by evidence based finance, with a special focus on asset allocation; factors and smart beta; retirement and endowment strategies, and; quantitative methods.