How to Beat the Market, and Why Most Investors Don’t
Despite the thousands of mutual funds and Advisors all purporting to offer a better approach to investing, it is universally…
0Demographic Blues
The Federal Reserve Bank of San Francisco published a fascinating piece of research on Monday relating U.S. stock market performance…
Buy 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 Value Bias
I am perpetually mystified by the pervasive insistence by investment professionals that ‘value’ dominates ‘momentum’. This debate really comes down…
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.…
Quirky QWERTY
Parents will be familiar with the age-old question, ‘But why?’, repeated ad nauseum by children everywhere as they try to…