Abnormal Returns

NOVEMBER 5, 2024

ETFs Passive investing continues to take share. klementoninvesting.substack.com) Portfolio construction How portfolio diversification works. caia.org) How to use trading volume to optimize portfolio construction. caia.org) How to use trading volume to optimize portfolio construction.

Portfolio 162

Portfolio Economics Investing Investments 162

Abnormal Returns

MARCH 4, 2025

Skew Why investors avoid positive-skew investment strategies. rcmalternatives.com) How skew and kurtosis should play a role in portfolio construction. noahpinion.blog) Asset growth High investment has historically led to disappointing future returns. morningstar.com) Research The 2025 Global Investment Yearbook is here.

Math 147

Math Assets Economics Portfolio 147

Nerd's Eye View

MARCH 8, 2023

In the early days of investing, stocks were often evaluated in a vacuum: Investors assessed the plusses and minuses of each company’s stock based on its own merits, with little consideration of the relationship between one stock’s performance and that of the market as a whole.

Investing 242

Investing Investments Portfolio Economics 242

Wealth Management

JULY 26, 2023

Advisors are taking a close look at their portfolios given the current market and economic conditions.

Investing 246

Investing Investments Economics Portfolio 246

Wealth Management

JULY 26, 2023

Advisors are taking a close look at their portfolios given the current market and economic conditions.

Investing 246

Investing Investments Economics Portfolio 246

The Big Picture

FEBRUARY 23, 2024

 This week, we speak with Andrew Slimmon , managing director at Morgan Stanley Investment Management , where he leads the Applied Equity Advisors team. He began his career at Morgan Stanley in 1991 as an adviser in private wealth management, and later served as chief investment officer of the Morgan Stanley Trust Co.

Management 200

Management Investing Investments Wealth Management 200

MainStreet Financial Planning

MARCH 12, 2025

Economic uncertaintywhether it’s due to market volatility, rising inflation, or potential recessionscan feel overwhelming. Here are five practical tactics to help retirees weather economic uncertainty: Take a Break from the News Constantly consuming news and social media can lead to unnecessary panic.

Economics 52

Economics Asset Allocation Financial Planning Taxes 52

Abnormal Returns

NOVEMBER 29, 2024

mrzepczynski.blogspot.com) Strategy No one is immune from investment FOMO. ft.com) BlackRock ($BLK) reportedly has a deal to buy HPS Investment Partners, a private credit manager. sherwood.news) Five economic reasons to be thankful including 'Low unemployment claims. bespokepremium.com) The great bond bull market is over.

Media 162

Media Retail Economy Economics 162

Nerd's Eye View

JULY 3, 2024

As a result, advicers have more options than ever to add value for their clients by tailoring investment portfolios that are specific to their unique needs, goals, and risk tolerance. in mind, there are 3 primary ways that advicers can use Quality ETFs in portfolios. size, industry, location) of early mutual funds.

Portfolio 189

Portfolio Clients Risk Tolerance Accounting 189

The Big Picture

OCTOBER 24, 2024

Probability Distribution of the next decade in S&P 500 returns (according to GS) Source: Goldman Sachs Investment Research My colleague Ben Carlson buried the lede when he did an examination of all rolling 10-year periods going back to 1925. He found less than 9% of those 10 year periods had returns of 3% or less. stocks returning 7.8%

Distribution 326

Distribution Economics Portfolio Banking 326

Nerd's Eye View

OCTOBER 4, 2023

And even though numerous signs are pointing to the looming possibility of a more widespread economic downturn – including the reduction of household savings, reduced lending, and the resumption of student loan payments for many borrowers – the job market remains strong. And even though U.S.

Valuation 246

Valuation Economics Economy Marketing 246

Abnormal Returns

FEBRUARY 14, 2024

riaintel.com) Do you really need a separate allocation to real estate in your portfolio? abnormalreturns.com) There is no holy grail in investing. Strategy Alternatives managers want in on the defined contribution space. morningstar.com) Growth in ETFs are a boon to Jane Street.

Economics 202

Economics Financial Advising Insurance Media 202

Alpha Architect

DECEMBER 23, 2022

The Performance of Multi-Factor Long-Short Portfolios in Various Economic Regimes was originally published at Alpha Architect. The Performance of Multi-Factor Long-Short Portfolios in Various Economic Regimes was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Economics 120

Economics Portfolio Investing Investments 120

Nerd's Eye View

AUGUST 8, 2023

What's unique about Lori, though, is how through her multi-decade career, she has built a deep expertise in the investment intricacies and complex issues faced by small-to-mid-sized institutions and ultra-high-net-worth-families with $10s of millions of dollars each, and has built an RIA that focuses on that serious investing expertise as a differentiator. (..)

Investments 246

Investments Investing Financial Advisor Compensation Planning 246

Abnormal Returns

JULY 14, 2024

awealthofcommonsense.com) Seven reasons you may want to venture away from the market portfolio. humbledollar.com) Investment professionals should consciously avoid using jargon. nbcnews.com) Economy An economic soft landing is still on track. dallasfed.org) The economic schedule for the coming week. Human behavior hasn't.

Financial Advising 262

Financial Advising Economics Media Government 262

Abnormal Returns

JULY 12, 2024

vox.com) Global Tyler Cowen talks with Brian Winter discuss the politics and economics of nearly every country from the equator down. conversationswithtyler.com) Russell Napier talks with Harold James, author of "Seven Crashes: The Economic Crises That Shaped Globalisation." (linkedin.com) Spotify ($SPOT) has a bundling problem.

Portfolio Management 264

Portfolio Management Economics Management Portfolio 264

Nerd's Eye View

SEPTEMBER 12, 2023

Jason is the CEO of Altruist, a relatively new RIA custodian that has quickly grown to serve more than 3,500 advisory firms across the country, making it the 4th-largest independent RIA custodian by firm count.

Financial Advisor 246

Financial Advisor Investments Investing Financial Advice 246

Nerd's Eye View

JULY 5, 2023

stocks has led to the favoritism of ‘local’ investments over international ones through behavioral biases (e.g., However, despite recent market trends, there is a legitimate case to be made for international diversification – starting with the basic tenet of investing that past performance does not promise future returns.

Valuation 246

Valuation Economics Portfolio Investing 246

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

The Big Picture

JULY 3, 2024

At The Money: Changing Your Behavior For Better Investing (July 3, 2024) If you could change only one thing that would help your investing, what would it be? When it comes to investing, we are our own worst enemies. As it turns out, when it comes to investing, we are our own worst enemies. Your own behavior. The answer.

Investing 162

Investing Investments Assets Portfolio 162

The Big Picture

MARCH 20, 2024

At the Money: Benefits of Quantitative Investing (March 20, 2024) Throughout history, investing has been a lot more “Art” than “Science.” But today, data is widely available and it’s a key tool you can use to enhance your portfolio returns. For most of the last century, investing was a lot more art than science.

Investing 162

Investing Investments Portfolio Valuation 162

Validea

NOVEMBER 9, 2024

Yet despite the initial development period, their systematic approach was fundamentally sound and eventually led to one of the most successful track records in investment history, with the Medallion Fund averaging over 60% returns annually for several decades. So what constitutes a sound investment process?

Investing 52

Investing Investments Media Portfolio Management 52

Abnormal Returns

AUGUST 29, 2023

Strategy How (and where) to hold cash in your portfolio. calculatedrisk.substack.com) 19 economic charts worth a look including a look at increased business investment. morningstar.com) For alternatives, Is illiquidity a feature or a bug? savantwealth.com) Don't underestimate how weird the world can be. (mr-stingy.com)

Financial Advising 264

Financial Advising Economy Media Economics 264

Abnormal Returns

AUGUST 8, 2023

morningstar.com) Behavior Another indication that political polarization is showing up in investor portfolios. klementoninvesting.substack.com) There's no evidence that economic forecasters can actually forecast. alphaarchitect.com) Public pensions that have invested the most in alternatives have seen the worst performance.

Marketing 246

Marketing Marketing Medical Economics 246

Abnormal Returns

SEPTEMBER 3, 2023

Strategy The math on the 60/40 portfolio looks a lot different than it did a year ago. theweek.com) The economic schedule for the coming week. arstechnica.com) Schools that invested in Chromebooks are regretting the decision. awealthofcommonsense.com) There is a difference between picking and choosing. labor market is slowing.

Math 264

Math Financial Advising Advertising Distribution 264

A Wealth of Common Sense

JANUARY 28, 2025

’m never going to take my entire portfolio to cash because I’m worried about a crash or some terrible economic outcome. Sure, I hold the majority of my investment portfolio in stocks but it’s diversified across geography, market cap and strategy.

Portfolio 72

Portfolio Economics Planning Investing 72

The Big Picture

MAY 5, 2023

Rather than accept the volatility of month-to-month economic datapoints — NFP, Consumer Spending, Manufacturing, Inflation, etc. Instead, there is a tendency to put too much weight onto the numbers themselves, encouraging a variety of changes and modifications to portfolios due to whatever the latest data suggests.

Economics 363

Economics Financial Planning Manufacturing Numbers 363

The Big Picture

OCTOBER 19, 2023

One of my favorite responsibilities as chief investment officer at Ritholtz Wealth Management is the quarterly conference call I do for our clients. I run through 30 charts in 30 minutes that explain where we are in the economic cycle, what markets are doing, and what it means to their portfolios.

Media 351

Media Economy Economics Wealth Management 351

Zoe Financial

JANUARY 28, 2025

What do these mean, and which is a sounder investment strategy? Weve simplified the differences between time in the market and market timing to explain the best investing strategies for investors. 2 Investing Is An Emotional Rollercoaster When it comes to investments, company stock prices and markets fluctuate wildly on a daily basis.

Marketing 98

Marketing Marketing Financial Advisor Taxes 98

Abnormal Returns

JULY 12, 2023

Podcasts Jeff Ptak and Christine Benz talk with William Bernstein about the update version of his book "The Four Pillars of Investing." James Choi about how economic theory explains consumer behavior. stocks are enough for your portfolio. nytimes.com) Investing Are older investors now too exposed to the stock market?

Risk Tolerance 246

Risk Tolerance Estate Planning Retirement Planning 246

The Big Picture

AUGUST 25, 2023

China, Clickbait, & Market Crises: What Investors Should Know About Behavioral Economics Here is the Moneyshow’s description: “Barry Ritholtz is Founder and CIO of Ritholtz Wealth Management. He is also a long-time market analyst, commentator, and expert on behavioral economics principles as they apply to investing.

Wealth Management 246

Wealth Management Economics Assets Management 246

Carson Wealth

JULY 18, 2024

Carson Investment Research 2024 Midyear Outlook: Eyes on the Prize The economy continues to see a solid rate of expansion with low risk of a recession. And while bonds have briefly stumbled, some other portfolio diversifiers, including gold, have done well. We are targeting a total return for the S&P 500 of 17-20% in 2024.

Investing 139

Investing Investments Economy Economics 139

Abnormal Returns

SEPTEMBER 26, 2023

integratinginvestor.com) Will music royalties turn out to be a worthy investment? morningstar.com) Achieving these three portfolio goals simultaneously is tough. bonddad.blogspot.com) Economy Economic anxiety isn't going anywhere. (morningstar.com) Alternative assets are not all that alternative.

Asset Allocation 278

Asset Allocation Financial Advising Assets Media 278

The Big Picture

NOVEMBER 2, 2023

Those of you looking for income might consider putting fresh money to work building a bespoke muni portfolio, or buying the appropriate muni fund for your circumstances. ( Previously : Cash Is No Longer Trash (October 27, 2023) Understanding Investing Regime Change (October 25, 2023) How Many Bear Markets Have You Lived Through?

Taxes 288

Taxes Portfolio Marketing Marketing 288

Discipline Funds

JANUARY 21, 2025

This is the real beauty of owning an index fund or any diversified portfolio. Even though these contracts are negative sum, they are serving a meaningful and real economic purpose. But not all negative sum instruments serve an economic purpose. In many cases, these instruments serve zero economic purpose.

Marketing 97

Marketing Marketing Insurance Economics 97

Darrow Wealth Management

FEBRUARY 26, 2025

During times of economic, financial, and political uncertainty, investors often wonder where to invest or what changes to make to their portfolio. Safety is relative and investors should always understand that any investment involves risk. Indices not available for direct investment. treasuries.

Marketing 52

Marketing Marketing Retirement Portfolio 52

The Big Picture

OCTOBER 10, 2022

My back-to-work morning train WFH reads: • Fed’s Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn : Rapid rate increases provide less time for central bankers to study their economic effects ( Wall Street Journal ). Here’s how to clean up your portfolio without feeling ashamed. Wall Street Journal ). •

Economics 292

Economics Management Accounting Portfolio 292