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The Evolution of Financial Advice

A Wealth of Common Sense

To be a successful investor you need to possess a number of different traits. You need to understand how math, statistics and probabilities work. You also need a deep understanding of financial market history from booms to. You also need a deep understanding of financial market history from booms to.

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10 Weekend Reads

The Big Picture

Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Evolution of Financial Advice. To be a successful investor you need to possess a number of different traits. You need to understand how math, statistics and probabilities work.

Math 269
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Numbers Are Not Reality

The Irrelevant Investor

It's important that investors learn about market history and have a basic understanding of math, but beyond that, less might actually be more. In Enough , Jack Bogle wrote: Numbers are not reality. The post Numbers Are Not Reality appeared first on The Irrelevant Investor. At best, they are a pale reflection of reality.

Numbers 52
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RIA Net Organic Growth is Practically Non-Existent

Steve Sanduski

It’s been clear for quite some time from industry data and personal experience that net organic revenue growth of RIA firms is quite low when you, by definition, exclude market movement. Charles Schwab just released their 2022 RIA Benchmarking Study and I decided to crunch the numbers and see what the data shows. Revenue Growth.

Math 52
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Transcript: Luis Berruga, Global X ETFs

The Big Picture

First of all, I think the amount of investors that participate in the financial markets is much smaller than it is in the U.S. And I think that the financial advisors are used, but not as widely used as they are in the U.S. And definitely, their retail market participation is significantly lower than you can see in the U.S.

Clients 163
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Transcript: Antti Ilmanen

The Big Picture

And so, I write about it both — I do know, the simple maths about it how you can double shop ratios for uncorrelated strategies and then remind that it’s really difficult to find for uncorrelated strategies in long-only world. You may have to get to long-short world to take advantage of those types of opportunities.

Investing 130
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Transcript: Matt Levine

The Big Picture

So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? It was derivatives math, it was like working with the traders on like risk management. Like that solves like a number of issues.

Retail 130