Posts filed under: investing

Q1 2014 Global Markets Review

The following is our update of global market performance in Q1 2014. Q1 2014 Global Market Performance...

The Persistent Failure of Active Management

Investment decisions should be based on empirical data and modern financial science. Modern Portfolio Theory and the Efficient Markets Hypothesis, informed by nearly a century of market information, show that a passive investment approach that shuns market timing and individual...

Q4 2013 Global Markets Review

The following is our update of global market performance in Q4 2013. Q4 2013 Global Market Performance...

Q3 2013 Global Markets Review

The following is our update of global market performance in Q3 2013. Q3 2013 Global Market Performance...

The Doomsday Portfolio

It never fails to happen. Whenever events such as the current US government shutdown or the impending debt ceiling deadline arise, the media declare these crises and speculate regarding their impact on our lives. Reporters often solicit advisor opinion at...

Q2 2013 Global Markets Review

The following is our update of global market performance in Q2 2013. Q2 2013 Global Market Performance...

Q1 2013 Global Markets Review

The following is our update of global market performance in Q1 2013. Q1 2013 Global Market Performance...

Keep Looking Ahead

One of the keys to successful investing is to resist the natural human tendency to extrapolate the recent past into the future. This tendency is known in behavioral science as “recency bias” and manifests itself in investor decisions to buy...

Not Your Crisis

I’d like to share this drawing sent to me by a colleague. It is motivated by the current news in the headlines about the situation in Cyprus, but it applies to all crises du jour that the media chooses to...

Q4 2012 Global Markets Review

The following is our update of global market performance in Q4 2012. Q4 2012 Global Market Performance...