Nerd's Eye View

DECEMBER 7, 2022

For investment advisers looking to attract prospective clients, advertising the performance of their investment strategies would be a logical way to market their services (at least if they had strong historical returns!). Two final prohibitions under the Marketing Rule include restrictions on the use of predecessor performance (e.g.,

Advertising 246

Advertising Investing Investments Marketing 246

Abnormal Returns

AUGUST 8, 2023

papers.ssrn.com) Global Why global equity market correlations are on the rise. morningstar.com) Behavior Another indication that political polarization is showing up in investor portfolios. (wsj.com) Why do investors vote against corporate directors?

Marketing 246

Marketing Marketing Medical Economics 246

Nerd's Eye View

JULY 3, 2024

Over the past few decades, technological advances and plummeting transaction costs have facilitated the emergence of a dizzying variety of ways to gain exposure to very specific areas of the market. 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

Alpha Architect

NOVEMBER 1, 2024

They then demonstrated how this model can be used to construct a portfolio that outperforms a traditional market-cap weighted portfolio. Using Trading Volume to Optimize Portfolio Construction and Implementation was originally published at Alpha Architect.

Portfolio 135

Portfolio Marketing Marketing 135

The Big Picture

NOVEMBER 15, 2023

Markets screamed higher yesterday after a benign CPI report showed a 0.0% It was a classic fear-driven error, a combination of bad market timing and poor impulse control. It was a classic fear-driven error, a combination of bad market timing and poor impulse control. Last, recognize that markets go up and down.

Investing 344

Investing Investments Portfolio Economics 344

Abnormal Returns

JULY 21, 2024

abnormalreturns.com) Top clicks this week Seven reasons you may want to venture away from the market portfolio. humbledollar.com) Rebalance your portfolio to tame risk, not to increase returns. morningstar.com) The stock market has changed so much over the past 50 years. Human behavior hasn't.

Portfolio 311

Portfolio Banking Assets Management 311

Abnormal Returns

NOVEMBER 27, 2024

(podcasts.apple.com) Home buying Good luck trying to time the housing market. housing market including '40% of U.S. housing market including '40% of U.S. apolloacademy.com) How higher property taxes would help unlock the housing market. ofdollarsanddata.com) Some signs that home buyers are taking note of climate risk.

Portfolio 148

Portfolio Financial Planning Estate Planning Planning 148

Abnormal Returns

JUNE 16, 2024

(reuters.com) We are in a 'bear market for diversification.' thinkadvisor.com) The stock market is increasingly concentrated. apolloacademy.com) What really is the goal of portfolio diversification? Should you be worried? theirrelevantinvestor.com) More investors are facing up to the problem with illiquid alternatives.

Taxes 317

Taxes Portfolio Marketing Marketing 317

Abnormal Returns

MARCH 31, 2024

sportico.com) Are index funds propping up the stock market? awealthofcommonsense.com) Which bonds prove as the best portfolio diversifier? wsj.com) Gary Stevenson’s book “The Trading Game” helps explain the past twenty years in the financial markets. (awealthofcommonsense.com) There's no alpha left in private equity.

Financial Market 313

Financial Market Portfolio Marketing Marketing 313

Abnormal Returns

MAY 19, 2024

Top clicks this week Three assets that don't diversify your portfolio as well as you think. awealthofcommonsense.com) The S&P 500 is now nearly 40% of global market cap. rogersplanning.blogspot.com) How market consensus forms. morningstar.com) The problematic math of passing down generational wealth.

Math 299

Math Assets Portfolio Marketing 299

A Wealth of Common Sense

OCTOBER 10, 2024

Nick Maggiulli joined me on the show this week to tackle questions about investing in total stock market index funds, how to value your pension, factors that allow you to take more risk in your portfolio and when to sell your big winners. The post Defining Bull and Bear Markets appeared first on A Wealth of.

Marketing 143

Marketing Marketing Portfolio Investing 143

Abnormal Returns

JUNE 18, 2023

Top clicks this week Two reasons why the stock market has surged this year. thereformedbroker.com) Five common portfolio mistakes including 'portfolio sprawl.' bilello.blog) Focus on the role bonds play in your portfolio. morningstar.com) Investors have returned en masse to the previous bull market's winners.

Portfolio 277

Portfolio Investing Investments Marketing 277

A Wealth of Common Sense

AUGUST 22, 2024

Callie Cox, our new Chief Market Strategist at Ritholtz Wealth, joined me on the show this week to discuss questions about the potential for a recession, what the Fed should do now, going all in on the Nasdaq 100 in your retirement accounts and how markets move in off hours. 1Taxes and fees are excluded as well, of course.

Portfolio 143

Portfolio Retirement Accounting Marketing 143

Abnormal Returns

FEBRUARY 18, 2024

abnormalreturns.com) It may take time, but markets eventually work. apolloacademy.com) Do you really need a separate allocation to real estate in your portfolio? kindnessfp.com) Markets work: the case of lithium. ofdollarsanddata.com) How often do bear markets occur? axios.com) Why you should diversify internationally.

Retirement 294

Retirement Portfolio Investing Investments 294

Abnormal Returns

APRIL 14, 2024

awealthofcommonsense.com) All-time highs shouldn't prevent you from investing in the stock market. morningstar.com) Bond returns are buoying the prospects for a 60/40 portfolio. nytimes.com) What perma-bears get wrong about this stock market. theirrelevantinvestor.com) Once you start humble bragging, it's time to rein things in.

Media 306

Media Portfolio Management Investing 306

Abnormal Returns

OCTOBER 29, 2023

Top clicks this week A big regime shift has happened in the economy and financial markets. ritholtz.com) The bond market bear market is pretty epic. wired.com) Bond bear markets are different than stock bear markets. wired.com) Bond bear markets are different than stock bear markets.

Valuation 303

Valuation Economy Financial Market Portfolio 303

Abnormal Returns

OCTOBER 10, 2023

morningstar.com) How to calculate the cost of borrowing through the options market. libertystreeteconomics.newyorkfed.org) Portfolio managers Why portfolio managers get fired. alphaarchitect.com) How war discourse affects stock market returns. returnstacked.com) Are prediction markets ever going to be a thing?

Portfolio Management 265

Portfolio Management Startup Portfolio Management 265

Abnormal Returns

APRIL 16, 2024

Asset allocaiton Is regret a better measure to target for portfolio allocations? wisdomtree.com) What happens to the stock market on days before holidays. blogs.cfainstitute.org) Some evidence that it is possible to measure portfolio manager decision making. priceactionlab.com) The case against a cryptocurrency allocation.

Asset Allocation 277

Asset Allocation Portfolio Management Portfolio Assets 277

Abnormal Returns

JANUARY 28, 2024

(abnormalreturns.com) Top clicks this week Putting the past bear market into historical perspective. carsongroup.com) Lessons learned from the two-year bear market. theverge.com) Why volatility matters for your portfolio returns. awealthofcommonsense.com) Wealthy Americans are increasingly leaving their windows uncovered.

Portfolio 290

Portfolio Investing Investments Marketing 290

Abnormal Returns

MARCH 5, 2024

Crypto A little Bitcoin goes a long way in a portfolio perspective. quantpedia.com) How to use factors to build a crypto portfolio. klementoninvesting.substack.com) Why emerging market bonds have bested equities over the long run. sparklinecapital.com) Options How retail traders use options.

Retail 277

Retail Portfolio Investing Investments 277

The Big Picture

OCTOBER 10, 2022

Imagine the impact of markets losing a ~quarter of their value in one trading session. The 87 crash impacted many market-related elements. We can trace lots of today’s market structure to that event, and the changes it wrought subsequently. Overheated market : +42.5% for the first 3 quarters of the year; 2.

Insurance 360

Insurance Marketing Marketing Portfolio 360

Abnormal Returns

FEBRUARY 11, 2024

moontower.substack.com) Some signs of internal weakness in the stock market. ft.com) A review of "The Four Pillars of Investing, Second Edition: Lessons for Building a Winning Portfolio" by William J. blogs.cfainstitute.org) All-time stock market highs is not a bearish signal. awealthofcommonsense.com)

Valuation 284

Valuation Portfolio Investing Investments 284

Abnormal Returns

FEBRUARY 28, 2024

Markets Some of the most speculative sectors are perking up. blockworks.co) Strategy Rubin Miller, "Investing on hopes and hunches — making emotional decisions — is why so few portfolios earn the actual market return." fortunesandfrictions.com) The rise of passive investing hasn't broken the markets.

Valuation 279

Valuation Financial Advising Startup Media 279

Abnormal Returns

JUNE 11, 2024

Concentration A look at 200 years of stock market concentration in the U.S. globalfinancialdata.com) "Stock Market Concentration: How Much is Too Much?" allocatesmartly.com) Alternatives How to think about crypto's role in a portfolio. papers.ssrn.com) Volume matters for portfolio implementation.

Media 264

Media Portfolio Economy Accounting 264

Abnormal Returns

FEBRUARY 4, 2024

ft.com) What happens when you stop focusing on the stock market. allstarcharts.com) Four steps to build a no-fuss portfolio including eliminating redundant accounts. (blairbellecurve.com) Why investors are pulling money from TIPS ETFs. wsj.com) How major asset classes performed in January 2024.

Financial Planning 300

Financial Planning Accounting Portfolio Assets 300

Abnormal Returns

DECEMBER 26, 2023

cnbc.com) A round-up of recent research on portfolio design including 'Outperforming Equal Weighting.' capitalspectator.com) Regime changes happen in markets. Quant stuff You don't want your AI model to 'hallucinate' when analyzing SEC filings. priceactionlab.com) Research Can machine learning help select outperforming mutual funds?

Economics 291

Economics Portfolio Marketing Marketing 291

The Big Picture

OCTOBER 24, 2024

At least if you do forecasts for market returns over the next decade (lol), you may see incredible similarities. At least, that has been the circumstance of all other decade-long periods where market returns were 3% annually or 1% in real terms. If you are a strategist at Goldman Sachs , then a lot. stocks returning 7.8%

Distribution 326

Distribution Economics Portfolio Economy 326

Abnormal Returns

SEPTEMBER 26, 2023

Portfolio management Fund investors prefer managers who stick to their knitting. papers.ssrn.com) Why portfolio managers invest more research into short positions. papers.ssrn.com) Research The structure of the stock market has changed a lot over time, but the results are still largely the same.

Portfolio Management 259

Portfolio Management Portfolio Management Assets 259

Abnormal Returns

JULY 16, 2024

(mrzepczynski.blogspot.com) Comparing the correlation benefits of managed futures vs. market-neutral multi-factor investing. awealthofcommonsense.com) Research What role do commodities play in a portfolio? papers.ssrn.com) How views of the market differ between academics and normies. than in other markets.

Valuation 265

Valuation Management Portfolio Investing 265

Abnormal Returns

NOVEMBER 19, 2023

blog.validea.com) Some behavioral hacks to prevent you from blowing up your portfolio. ritholtz.com) What it going to happen to all those assets in money market fund when yields eventually fall? behaviouralinvestment.com) How worried should you be by an increasingly concentrated stock market? washingtonpost.com) U.S.

Asset Allocation 304

Asset Allocation Assets Portfolio Management 304

Abnormal Returns

MARCH 24, 2024

abnormalreturns.com) Top clicks this week Ten things to know about building a diversified portfolio. theirrelevantinvestor.com) Why has the EV market stalled out? Also on the site What is wrong with this picture? How your charitable intentions can get co-opted after you are gone. spyglass.org) AI is coming for every company you own.

Commission 307

Commission Numbers Portfolio Marketing 307

Abnormal Returns

SEPTEMBER 19, 2023

mrzepczynski.blogspot.com) How trend following can help diversify a portfolio. alphaarchitect.com) ESG leaders have been outperforming the market. klementoninvesting.substack.com) Research What is the relationship between the slope of the yield curve and the stock market? Trend following Trend following ignore narratives.

Banking 290

Banking Portfolio Investing Investments 290

The Big Picture

SEPTEMBER 28, 2022

Around the world, markets lost 5% or worse just last week. Year to date, the S&P 500 is down more than 23%; the Russell 2000 small caps are off more than 26%; Emerging markets are down almost 28%; and the Nasdaq Tech index is off more than 31%. Portfolio. None whatsoever. What is NOT in your control : 1. Asset Economy.

Asset Allocation 342

Asset Allocation Financial Planning Assets Media 342

Nerd's Eye View

OCTOBER 15, 2024

What's unique about Mark, though, is how he uses a liability-driven-investing approach to build retirement portfolios and manage sequence of return risk, with a particular focus on using closed end bond funds to generate income needed to cover his client's expenses during the early (and most financially dangerous) years of retirement.

Retirement 130

Retirement Portfolio Management Investing 130

The Big Picture

NOVEMBER 2, 2023

The Narrative bias driving commentary today is that this sudden bullishness is the market sussing out the last hike. But this after-the-fact story does not resonate as truth with me, as it looks more like the 10% market correction of October 2023 has ended. My preference: look at what the Fed’s open market committee’s actions are.

Taxes 288

Taxes Portfolio Marketing Marketing 288

The Reformed Broker

AUGUST 22, 2022

Sharing this chart from Guggenheim showing that the S&P 500’s bear market bounce literally stopped on a dime and was turned away at the 200-day moving average. We manage our tactical portfolio based on technically-oriented rules not because it always works (it doesn’t!) It’s almost too perfect.

Portfolio 294

Portfolio Management Marketing Marketing 294

Abnormal Returns

SEPTEMBER 15, 2024

awealthofcommonsense.com) Few investors are able to outperform a passive portfolio. mrzepczynski.blogspot.com) Alphabet ($GOOGL) has never been this cheap relative to the market. (cnbc.com) Sometimes things really are different this time. mrzepczynski.blogspot.com) The yield curve inversion is over.

Portfolio 299

Portfolio Management Investing Investments 299