Abnormal Returns

OCTOBER 24, 2024

awealthofcommonsense.com) Cash was never meant to be a long-term investment. blogs.cfainstitute.org) Now is a good time to be selling a private credit asset management firm. (ritholtz.com) Why optimism makes sense over the long run. fisherinvestments.com) Private credit Where are we in the private credit boom?

Investing 289

Investing Investments Startup Financial Advising 289

Abnormal Returns

OCTOBER 31, 2023

(wsj.com) Six lessons from William Bernstein's "The Four Pillars of Investing." markets.businessinsider.com) Investors who bought the Grayscale Bitcoin Investment Trust ($GBTC) at a big discount are looking good. humbledollar.com) Why it's easy to say you will buy when stocks 'go on sale.'

Assets 261

Assets Financial Advising Media Economy 261

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 245

Assets Management Compliance Retirement Planning 245

Abnormal Returns

NOVEMBER 5, 2023

theirrelevantinvestor.com) Why you should avoid big investment shifts. Markets Small and mid-cap stocks have badly lagged large caps. awealthofcommonsense.com) This week was a good example why you should never be positioned for extremes. humbledollar.com) Trading Brett Steenbarger, "The best traders evolve."

Assets 272

Assets Financial Advising Healthcare Economy 272

The Big Picture

AUGUST 23, 2023

Most people believe that investing is the science of generating a return on capital. At its heart, investing is a problem-solving exercise , filled with opportunities that reveal the errors we all make. This should be reflected in how we invest. That is an accurate but incomplete assessment. – “ Future ” demands optimism.

Investing 246

Investing Investments Asset Allocation Healthcare 246

The Big Picture

AUGUST 20, 2024

The transcript from this week’s, MiB: Mike Greene, Simplify Asset Management , is below. Some of the things Mike said about investing, like what would you tell your friends and family to put your money into? We have to pay attention to this, and we have to understand why this is potentially a risky asset.

Assets 173

Assets Management Portfolio Taxes 173

Nerd's Eye View

DECEMBER 6, 2023

And because many service offerings have traditionally focused on areas like investments and securities recommendations, there has been little debate about the need to register as an advisor. Thus, Advice, Business, Compensation, and Securities (ABCS) are the key elements in this definition.

Investing 246

Investing Investments Retirement Planning Financial Advising 246

Abnormal Returns

JULY 7, 2024

Top clicks this week How major asset classes performed in June 2024. retirementresearcher.com) Don't forget, stocks are real assets. vox.com) Politics and investing don't mix. capitalspectator.com) Just how useful is historical financial markets data? downtownjoshbrown.com) Europe's stock market has badly lagged the U.S.

Insurance 313

Insurance Assets Financial Market Investing 313

The Big Picture

AUGUST 26, 2022

Our previous discussions (debates really) were over the traditional model of brokerage I push back against versus the fee-based fiduciary asset management I embrace. This made me chuckle, as we had discussed this level of unsuitable and inappropriate asset management for years, with me offering an endless parade of examples.

Accounting 353

Accounting Government Assets Management 353

The Big Picture

MAY 6, 2023

Salisbury , chief investment officer of asset and wealth management at Goldman Sachs. He is also a member of the management committee, and Co-Chairs the Asset Management Investment Committees, which includes private equity, infrastructure, growth equity, credit, and real estate. This week, we speak with Julian C.

Wealth Management 303

Wealth Management Assets Management Clients 303

Abnormal Returns

JUNE 18, 2024

visualcapitalist.com) Alternatives The Bogle Effect has not come for alternative asset classes. ofdollarsanddata.com) Pension funds could skip on the alternatives and just invest in low-cost index investments. crr.bc.edu) Strategy The many ways in which investing is NOT like poker.

Financial Advising 299

Financial Advising Media Assets Economy 299

Abnormal Returns

JULY 28, 2024

mebfaber.com) Three investment myths, debunked. disciplinefunds.com) Ian Cassel, "Most big winners were ugly ducklings that transformed themselves into beautiful swans." (microcapclub.com) Our brains weren't built for investing. capitalspectator.com) Why are estimates of alternative asset returns still so high?

Assets 317

Assets Investing Investments Marketing 317

The Big Picture

JANUARY 12, 2024

 This week, we speak with Cathy Marcus , co-chief executive officer and global chief operating officer of PGIM Real Estate , which manages over $200 billion in assets. As co-CEO, Marcus develops and leads the company’s global strategy; as global COO, she is responsible for overseeing business and investment operations globally.

Startup 298

Startup Portfolio Management Assets Valuation 298

The Big Picture

NOVEMBER 26, 2024

Full transcript below. ~~~ About this week’s guest: Matt Hougan, Chief Investment Officer at Bitwise Asset Management discusses the best ways to responsibly manage crypto assets. His firm runs over $10 billion in client crypto assets. I know ETFs today are the apple pie of investing. Are you crypto-curious?

Investing 147

Investing Investments Assets Retail 147

Abnormal Returns

JUNE 24, 2024

Podcasts Josh Brown and Michael Batnick talk digital assets with Ric Edelman. standarddeviationspod.com) Fisher Investments Some estimates on how much a stake in Fisher Investments went for. standarddeviationspod.com) Fisher Investments Some estimates on how much a stake in Fisher Investments went for.

Financial Advising 276

Financial Advising Assets Retirement Economy 276

Abnormal Returns

APRIL 7, 2024

wsj.com) How major asset classes performed in March 2024. aqr.com) On the benefits of keeping an investment journal. awealthofcommonsense.com) When an asset has no intrinsic value, i.e. gold, you have more decisions to make. Also on the site Better investors make fewer decisions. return in Q1.

Assets 306

Assets Accounting Investing Investments 306

Abnormal Returns

JANUARY 7, 2024

allstarcharts.com) How major asset classes performed in December 2023. awealthofcommonsense.com) An example of how finding a (highly) niche investment strategy works in practice. wsj.com) Asset class returns were pretty green in 2023 except for commodities. (theirrelevantinvestor.com) Don't get caught sitting in cash in 2024.

Assets 297

Assets Economy Investing Investments 297

The Big Picture

SEPTEMBER 28, 2022

Consider this tweet I bookmarked back in August; This updated version , via Mindfulenough , gave me the idea to turn it into something investment-related. This includes a broad Asset Allocation including full Diversification of asset classes, geographies, etc. Asset Economy. Asset Allocation. Inflation. Elections.

Asset Allocation 342

Asset Allocation Financial Planning Assets Media 342

Abnormal Returns

OCTOBER 14, 2024

(optimisticallie.com) It's hard to find a losing asset class this year. mrzepczynski.blogspot.com) Strategy Five lessons from five great investing books. dariusforoux.com) Lessons learned from 20 years of investing including 'Insurance Is expensive for a reason.' (whitecoatinvestor.com) Apple Nobody is making apps for the Vision Pro.

Financial Advising 279

Financial Advising Economy Assets Insurance 279

The Big Picture

SEPTEMBER 9, 2023

This week, we speak with Jon McAuliffe , who is co-founder and chief investment officer at the Voleon Group , heading the firm’s investment strategy, research, and development. Voleon, which manages $10 billion in client assets, has achieved great success applying these technologies to investing.

Engineering 325

Engineering Management Portfolio Assets 325

Abnormal Returns

APRIL 30, 2024

Factor investing Portfolio construction matters when it comes to factor investing. insights.finominal.com) Does machine learning improve on factor investing? morganstanley.com) How much do valuations matter for multi-asset investing? alphaarchitect.com) Research Managed futures returns are lumpy.

Valuation 262

Valuation Media Portfolio Assets 262

Abnormal Returns

MAY 5, 2024

Top clicks this week Widen your investing lens. awealthofcommonsense.com) How major asset classes performed in April 2024. awealthofcommonsense.com) Why the stock market usually goes up. humbledollar.com) The best investors are running their own race.

Assets 314

Assets Investing Investments Marketing 314

Nerd's Eye View

APRIL 10, 2024

Every document that considers the facts around any particular asset class will invariably include that disclaimer, but constructing a portfolio consisting of a mix of equities, fixed income, and other assets requires investors and advicers to make some fundamental assumptions around long-term expected returns and correlations between assets.

Asset Allocation 246

Asset Allocation Wealth Accumulation Assets Portfolio 246

Abnormal Returns

FEBRUARY 13, 2024

morningstar.com) Why it's so hard to compare public and private investments. caia.org) Fund management How should we assess 'pedigree' when it comes to investment managers? alphaarchitect.com) A round-up of research on cross-asset correlations. Private equity What does the research say about private equity performance?

Accounting 307

Accounting Management Assets Investing 307

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. I thought this was an absolutely fascinating way to see the world of investment management. And I think you will also.

Assets 299

Assets Clients Investing Investments 299

Abnormal Returns

AUGUST 18, 2024

downtownjoshbrown.com) There is nothing normal about the distribution of angel investment returns. blogs.cfainstitute.org) There is no holy grail in investing. albertbridgecapital.com) Cullen Roche, "Residential real estate is an enormously expensive asset when viewed thru the lens of real, real returns."

Distribution 299

Distribution Assets Investing Investments 299

Abnormal Returns

OCTOBER 14, 2024

podcasts.apple.com) Eric Golden talks with Robbie Cannon is the founder of Horizon Investments about the blurring of lines between asset and wealth management. riabiz.com) Dynasty Financial Partners Dynasty Financial Partners just garnered an investment from Blackrock and JPMorgan Asset Management. (fa-mag.com)

Estate Planning 280

Estate Planning Financial Planner Wealth Management Retirement 280

Abnormal Returns

DECEMBER 5, 2023

Active management Active investing has a tax problem. bloomberg.com) Research Passive investing is making markets less efficient, but. hamiltonlane.com) Portfolio managers love to shift blame for underperforming assets. alphaarchitect.com) Why the active management space may be bigger than currently measured. papers.ssrn.com)

Portfolio Management 279

Portfolio Management Assets Taxes Management 279

The Big Picture

APRIL 15, 2023

 This week, we speak with Joseph Baratta , who since 2012, has served as Global Head of Private Equity at Blackstone – the world’s largest alternative asset manager, with $975 billion in assets under management. He helped to build out Blackstone’s PE business in Europe in 2001, moving to London in 2001.

Consulting 284

Consulting Compliance Assets Management 284

Abnormal Returns

NOVEMBER 5, 2023

Top clicks this week Six lessons from William Bernstein's "The Four Pillars of Investing." humbledollar.com) There's nothing magic about asset allocation. morningstar.com) 11 lessons learned about investing including 'You are not the next Warren Buffett.' humbledollar.com) Be wary shifting too much of your money into bonds.

Asset Allocation 307

Asset Allocation Sales Assets Investing 307

Abnormal Returns

DECEMBER 10, 2023

allstarcharts.com) Investing is hard. tker.co) The more room you can put between yourself and your investments, the better. awealthofcommonsense.com) There are a lot of different asset allocations you can live with. Top clicks this week Why investors may regret earning 5% on cash. Really hard.

Asset Allocation 306

Asset Allocation Assets Investing Investments 306

Abnormal Returns

APRIL 16, 2024

Asset allocaiton Is regret a better measure to target for portfolio allocations? blogs.cfainstitute.org) Why asset allocation is sensitive to goals and assumptions. papers.ssrn.com) Research Is sector-neutrality a mistake in factor investing? priceactionlab.com) The case against a cryptocurrency allocation.

Asset Allocation 277

Asset Allocation Portfolio Management Portfolio Assets 277

Abnormal Returns

DECEMBER 12, 2023

institutionalinvestor.com) Alternative assets The institutionalization of alternative assets has backfired for most investors. elmwealth.com) The case against the lifecycle model of investing. papers.ssrn.com) There seems to be a return premium to investing in polluting companies.

Portfolio Management 264

Portfolio Management Retail Assets Portfolio 264

Abnormal Returns

OCTOBER 8, 2023

awealthofcommonsense.com) Why simplicity in investing can help reduce errors. investmenttalk.co) How major asset classes performed in September 2023. axios.com) Defining what you will invest in, versus what you will not invest in, is important. cbsnews.com) Why younger generations watch TV with subtitles on.

Numbers 291

Numbers Assets Investing Investments 291

Abnormal Returns

FEBRUARY 4, 2024

downtownjoshbrown.com) Should you invest in stocks when they are at all-time highs? wsj.com) How major asset classes performed in January 2024. Top clicks this week Josh Brown, "Just please, no matter what you do, don’t say the G word. Never say it." ofdollarsanddata.com) Why the vast majority of investors should avoid alternatives.

Financial Planning 300

Financial Planning Accounting Portfolio Assets 300

Nerd's Eye View

AUGUST 8, 2023

Lori is the CEO of LVW Advisors, an independent RIA based in Pittsford, New York, that oversees more than $2 billion in assets under management for over 450 small-to-mid-sized institutions and ultra-high-net-worth families.

Investing 246

Investing Investments Financial Advisor Compensation Planning 246

Abnormal Returns

FEBRUARY 26, 2024

(kitces.com) Daniel Crosby on why not caring what other people think is a valuable asset. riabiz.com) Alts How to talk to your clients about alternative investments. advisorperspectives.com) A look at the donor advised fund industry including 'Nearly half of all DAFs (49%) had total assets at the end of 2021 of less than $50,000.'

Wealth Management 291

Wealth Management Financial Services Retail Insurance 291