Abnormal Returns

OCTOBER 31, 2023

insights.finominal.com) Sustainable investing has a definitional problem. (papers.ssrn.com) Research Do stocks really become less risky over the long run? morningstar.com) Active managers don't successfully turn high volatility into alpha. alphaarchitect.com) How environmental conditions affect investing decisions.

Investments 291

Investments Investing Management Marketing 291

Advisor Perspectives

SEPTEMBER 27, 2023

Too many industry “experts” make value out to be much more elusive and complicated than it is.

Clients 112

Clients 112

Nerd's Eye View

DECEMBER 6, 2023

Thus, Advice, Business, Compensation, and Securities (ABCS) are the key elements in this definition. Nevertheless, the 'securities' component of the definition has several nuanced exceptions.

Investing 246

Investing Investments Retirement Planning Financial Advising 246

The Big Picture

JULY 6, 2024

Tom Walker offers his balanced, professional — and definitely not celebratory — take on the closing of this chapter in British political history. More than that: It’s been thoroughly punished by the British public, reduced to barely 120 seats, the party’s worst result in its history.

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Abnormal Returns

SEPTEMBER 26, 2024

fastcompany.com) Why you should focus on your definition of success, not someone else's. (newsletter.abnormalreturns.com) Mixed media Some employers are getting out of the business of providing their employees health coverage. npr.org) Warren Buffett's children will have a lot of money to give away. hottakes.space)

Financial Advising 279

Financial Advising Media Economy Investments 279

Abnormal Returns

APRIL 2, 2024

By this definition, we’re in the midst of a macroeconomic anxiety attack." (bloomberg.com) Economy Justin Wolfers, "Psychologists describe anxiety disorders as occurring when the panic you feel is out of proportion to the danger you face. nytimes.com) The February JOLTS report shows a stable jobs market.

Financial Advising 278

Financial Advising Media Economy Numbers 278

The Reformed Broker

DECEMBER 15, 2022

There’s definitely a cloud hanging over the year to come – we’ve never seen a steeper or faster rate hiking cycle in the last half century and a lot of trends that mad. The post Surviving the Recession – on newsstands now!

Financial Advisor 246

Financial Advisor Banking Marketing Marketing 246

Abnormal Returns

AUGUST 9, 2022

evidenceinvestor.com) Customized portfolios are by definition more concentrated. (mrzepczynski.blogspot.com) There's not much to see in tactical asset allocation ETF performance. insights.factorresearch.com) Active share doesn't tell us anything about future performance. papers.ssrn.com).

Asset Allocation 240

Asset Allocation Accounting Portfolio Assets 240

Abnormal Returns

FEBRUARY 7, 2024

moontower.substack.com) Finance The SEC has expanded its definition of who is a 'securities dealer.' Strategy In the long run, fundamentals matter. albertbridgecapital.com) Some classic investing lessons from Ed Thorp. wsj.com) Incentives matter when it comes to capital providers. chudson.substack.com) Where corporations are borrowing.

Financial Advising 264

Financial Advising Media Retirement Assets 264

The Big Picture

APRIL 19, 2023

I have read endless screeds the past few years as to the return of the active investor and why passive is definitely going to fail this cycle. Meaning, with rates nearing the terminal value, bonds now generate decent yield as well as provide ballast against the volatility of the equity portion of your portfolios.

Portfolio 334

Portfolio Risk Tolerance Investments Investing 334

The Big Picture

NOVEMBER 5, 2022

He co-authored the definitive book on ETFs, “ A Comprehensive Guide To Exchange-Traded Funds ,” for the CFA Institute. As Managing Director of ETF.com, he was a key participant in the rise of the passive and ETF industry. Previously, he was Was Managing Director at Barclays Global Investors. Edward Chancellor’s authored books.

Valuation 311

Valuation Economy Management Marketing 311

Abnormal Returns

FEBRUARY 1, 2024

sports.yahoo.com) The Vision Pro The Vision Pro is definitely a first gen device. (wsj.com) Finance More banks are marking down the value of U.S. office loans. marketwatch.com) Amer Sports ($AS) is now public. spyglass.org) Augmented reality looks to be the future of computing. vanityfair.com) A round up of Vision Pro reviews.

Financial Advising 290

Financial Advising Taxes Manufacturing Media 290

The Big Picture

JULY 22, 2022

I agreed to give it a shot, assembling a list of my own, filling it out with a few classics from others: Uncertainty : Objectively speaking “uncertainty” does not increase or decrease – by definition, the future is always inherently uncertain. By definition, they cannot be wrong – only better or worse than expected. What can be wrong?

Executive Compensation 352

Executive Compensation Government Marketing Marketing 352

Abnormal Returns

JUNE 2, 2023

open.spotify.com) Russ Roberts talks with Luca Dellana author of "Ergodicity: Definition, Examples, And Implications, As Simple As Possible." (open.spotify.com) Non-finance Brian Koppelman talks with Seth Godin author of the new book "The Song of Significance: A New Manifesto for Teams." econtalk.org) Preet Bharara.

Portfolio Management 278

Portfolio Management Management Numbers Portfolio 278

The Big Picture

MAY 4, 2023

If you are a wages & labor nerd, definitely go check out the entire piece. When we reduce selection and attenuation biases—by excluding areas with local minimum wages and high-wage counties—we find large, significant positive employment effects. Previously : Why Aren’t There Enough Workers?

Food 364

Food Economy Retail Retirement 364

Abnormal Returns

AUGUST 16, 2023

tonyisola.com) Everybody's definition of happiness is different. It's not just the wealthy. theconversation.com) How much should you save in your child's 529 plan? flowfp.com) Why young people should have an 'ownership' mentality. humbledollar.com) Wealth is ability to control your time. investmenttalk.co)

Estate Planning 246

Estate Planning Retirement Planning 246

The Big Picture

MAY 16, 2024

The definition from the 1970s + ’80s was the combination of slow growth, high unemployment, and rising inflation. If you have a bearish mindset , and seek confirmation of that perspective, then the next economic critique after the Misery Index you try on for size is “Stagflation.”

Advertising 321

Advertising Economics Economy Banking 321

Abnormal Returns

NOVEMBER 22, 2023

riabiz.com) Planning Everyone has their own definition of 'enough.' (contessacapitaladvisors.com) When does a hobby become a spending problem. thejointaccount.beehiiv.com) The case for switching to a discount cellular plan. nytimes.com) RIP, Mint.com. humbledollar.com) Everybody says they need more money to be happy.

Retirement 279

Retirement Taxes Planning Banking 279

Abnormal Returns

SEPTEMBER 1, 2023

calculatedriskblog.com) The job market is definitely slowing. (ft.com) Lessons from the mutual fund trading scandal, 20 years on. morningstar.com) Economy The August NFP showed continued growth and a 3.8% unemployment rate. bonddad.blogspot.com) The Fed is done. ritholtz.com) Seven economic myths including that the consumer is 'tapped out.'

Financial Advising 265

Financial Advising Advertising Economy Retail 265

The Big Picture

MARCH 1, 2023

I mentioned how much fun it was to get back on stage , but it definitely took a while to settle into a groove. I did a brand new presentation last week, the first one since the pandemic lockdown began 3 years ago this month.

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208

The Big Picture

MARCH 20, 2023

Indeed, what is a good definition of a bailout? What are the differences between insured depositors getting their cash back, a private sector rescue orchestrated by the Fed or the Swiss government, and a taxpayer-funded bailout? I spent a lot of time thinking about this while writing Bailout Nation.

Banking 325

Banking Insurance Government Management 325

Abnormal Returns

DECEMBER 14, 2022

morningstar.com) Rest Khe Hy, "We’ve completely abandoned the concept of leisure and rest – because they are, by definition, unproductive." (peterlazaroff.com) Dan Kemp and Ollie Smith talk with Joe Wiggins author of the new book "The Intelligent Fund Investor." radreads.co) Rest is doing something that will not move your goals forward.

Investing 245

Investing Investments Retirement Planning Banking 245

The Big Picture

OCTOBER 29, 2022

Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies, Sixth Edition by Jeremy Siegel. His new book “ The Price of Time: The Real Story of Interest ” is a nominee for FT’s 2022 Business Book of the Year. The latest SFTLR by Jeremy Siegel with Jeremy Schwartz.

Assets 298

Assets Financial Market Investing Investments 298

A Wealth of Common Sense

AUGUST 30, 2024

Finance definitions are tough to pin down because money is often in the eye of the beholder. My definitions of wealth have certainly chan. The goalposts are always moving as you age and mature, and tastes change. Your perception of wealth can be impacted by: How you were raised. The wealth and material possessions of your peers.

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Abnormal Returns

APRIL 30, 2023

neckar.substack.com) First Republic First Republic ($FRC) is the definition of a 'zombie bank.' (whatsimportant.substack.com) Some all-time great quotes from the Berkshire Hathaway ($BRK.A) annual meeting. netinterest.co) Resolution of the First Republic ($FRC) seems near.

Financial Advising 246

Financial Advising Wealth Management Media Planning 246

Abnormal Returns

JUNE 27, 2023

Strategy High uncertainty decisions, like investing, are by definition difficult. behaviouralinvestment.com) Do commodities have a role to play in a long-term, strategic asset allocation? monevator.com) Companies IBM ($IBM) keeps acquiring smaller companies to seemingly very little effect.

Asset Allocation 243

Asset Allocation Financial Advising Startup Valuation 243

Nerd's Eye View

FEBRUARY 10, 2023

Also in industry news this week: The SEC this week released its 2023 examination priorities, which include its new marketing rule, Reg BI, and complicated investments The House of Representatives is considering legislation that would broaden the definition of who qualifies as an accredited investor and is potentially eyeing a role for financial advisors (..)

Financial Planner 246

Financial Planner CFP Certification Retirement Planning 246

Nerd's Eye View

MAY 5, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the House Financial Services Committee unanimously passed a bill that would direct the SEC to conduct a study and carry out a rulemaking on the definition of a "small entity" to reduce the compliance burden on small businesses, (..)

Financial Planner 246

Financial Planner Financial Services Electronics Compliance 246

The Big Picture

APRIL 22, 2023

Fowler and Clymer (dubbed the “ High Priest of Horology “) discuss all things wristwatches and timepieces, including their experiences at the 2023 Watches & Wonders , why the marketplace has exploded over the past few years, and what are their favorite grail watches.

Compliance 299

Compliance Wealth Management Consulting Management 299

The Big Picture

OCTOBER 1, 2022

Buy down 25%, down 3oish%, 40something, and definitely +50%. But if you want to speculate as to the lows, rather than try to nail the bottom, consider scaling in over time. Break up your buys into 5-10 or so pieces. But once the rally starts1, Which of these looks more likely to succeed? Genius bottom tick (2007-09): .

Marketing 306

Marketing Marketing Investing Investments 306

Nerd's Eye View

NOVEMBER 11, 2024

Once a contractor or firm has been hired, advisors can help set the stage for success by identifying key stakeholders and agreeing on clear definitions of success. Advisors may also want to consider a contractor's communication style and marketing philosophy to assess compatibility with the firm's values.

Marketing 246

Marketing Marketing Communication Engineering 246

Nerd's Eye View

MAY 14, 2024

And be certain to listen to the end, where Danielle shares why she thinks women can make important contributions in the financial planning industry, particularly when it comes to listening deeply to clients and bringing integrity and authenticity to the table, how Danielle's own definition of success over time has shifted from gathering clients and (..)

Clients 246

Clients Financial Planning Financial Advisor Planning 246

The Big Picture

AUGUST 22, 2022

Workers schedule in-person days around the food offerings: burritos stuffed with soft tofu, grilled squash and zucchini; ‘I’ll definitely go in for that’ ( Wall Street Journal ). You Need Banh Mi to Get Employees Back to the Office. Falling Oil Prices Defy Predictions. But What About the Next Chapter? New York Times ). Axios ). •

Food 306

Food Manufacturing Government Retirement 306

The Big Picture

NOVEMBER 11, 2022

1 You can use whatever definition you choose, but choose wisely, as selecting a description that poorly correlates to reality will hurt your investing and trading. But the table is off about a few things, and I wanted to pop out of my stupor (I have a mild case of Covid) to clarify a few things about what we are seeing.

Marketing 278

Marketing Marketing Economy Investing 278

The Big Picture

JUNE 2, 2023

The panel meets a few times a year, often virtually, to go over words, edit definitions and sentences, and weed out problems. This diversification of control helps prevent undue influence, and ensures that the development and deployment of A.I. technologies align with a broader set of values and priorities.

License 278

License Education Banking Planning 278

Nerd's Eye View

JUNE 9, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the House has passed legislation that would expand the definition of who qualifies as an accredited investor eligible to invest in certain private investments to include those who pass an exam designed by the (..)

Financial Planner 240

Financial Planner Financial Advisor License Retirement 240

Wealth Management

MARCH 21, 2024

About 36% of affluent millennials said they’d probably or definitely leave their current firm in the next year, according to a J.P. Power survey.

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