The Life of a Thanksgiving Turkey: An Investment Fable
by Adam Butler, Resolve Asset Management From the perspective of a (free-range) turkey, life is pretty good. The…
Navigating Volatility: The Case for Tactical Alpha
In today's volatile markets, alternative investments are key for diversification, resilience, and returns, but they demand expertise to navigate. Ash Lawrence, Head of AGF Capital Partners and Scott Radke, CEO and Co-CIO of New Holland Capital discuss...
Risk Parity and the Four Faces of Risk
by Adam Butler, GestaltU Benjamin Graham famously said that “In the short run, the market is a voting…
Tactical Asset Allocation Alpha and The Greatest Trick the Devil Ever Pulled
by Adam Butler, Resolve Asset Management, via GestaltU.com “The greatest trick the Devil ever pulled was convincing the…
Lessons From Canada's Top Pension Managers
by Adam Butler, Resolve Asset Management, via S&P Dow Jones Indices Summary Many studies have documented the fact…
Risk Parity isn’t the Problem, it’s the Solution
by Adam Butler, GestaltU Bank of America Merrill Lynch recently released a research note suggesting that Risk Parity…
Bold, Confident & WRONG: Why You Should Ignore Expert Forecasts
Bold, Confident & WRONG: Why You Should Ignore Expert Forecasts by Adam Butler, Michael Philbrick, Rodrigo Gordillo, ReSolve…
Asset Allocation, Asset Allocation, Asset Allocation!
Tactical Alpha Part III: Asset Allocation vs. Security Selection by Adam Butler, GestaltU.com Asset Allocation, Asset Allocation, Asset…
Apples and Oranges: A Random Portfolio Case Study
Apples and Oranges: A Random Portfolio Case Study by Adam Butler, Resolve Asset Management This article was motivated…
Forget “Active vs. Passive”: It’s All About Factors
Forget “Active vs. Passive”: It’s All About Factors by Adam Butler, Michael Philbrick, Rodrigo Gordillo, ReSolve Asset Management,…
All Strategies "Blow Up"
by Adam Butler, GestaltU We are a quantitative finance shop, right down to the ground. All of our…
Global Tactical Asset Allocation: Just the Facts
by Adam Butler, GestaltU Rob Seawright of Above the Market recently posted an article broadly skewering tactical asset allocation (TAA)…
Bernanke & Citadel, Politicians & Priests
by Adam Butler, GestaltU/Skew There’s been much made of the recent move by Ben Bernanke accepting a position…
Forget Active vs. Passive – It's All About Factors
by Adam Butler, GestaltU We just love a good debate, and there seems to be quite a heated…
Published: Fallacies of the Fed Model
by Adam Butler, http://gestaltu.com The Journal of the Society of Actuaries held a contest for articles on investment myths,…
What Does a Global Passive Benchmark Look Like?
by Adam Butler, http://gestaltu.com “One way to test our thinking would be to ask the question in reverse:…
