Section
portfolio management
300 posts
Why Allocation Matters So Much
by Cullen Roche, Pragmatic Capitalism My latest post on âpassiveâ indexing made some people upset. Â I have argued,…
Size is the Enemy of Performance
by Ben Carlson, A Wealth of Common Sense âPrices fluctuate more than values â so therein lies opportunity.â…
Rebalancing Adds Risk
by Nicholas Granger, et al, via SSRN Nicolas M Granger, Man Group Douglas Greenig, Independent Campbell R. Harvey,…
Time to Ditch Stocks?
by Ben Carlson, A Wealth of Common Sense This was the headline and first few sentences from an…
The Active Vs. Passive Debate Has Become Rather Tiresome
by James Picerno, The Capital Spectator Morningstar got a lot of pushback from readers in the wake of…
Why Active Managers Underperform
by Cam Hui, Humble Students of the Markets It is a tru-ism these days that active managers tend…
Past Performance Doe Not Guarantee Future Results
by Erik Swarts, Market Anthropology We've all read the distilled disclaimer above a thousand times before. And yet,…
We Are All Active Investors â Part 2
by Cullen Roche, Pragmatic Capitalism Early last year I wrote a post describing the illusion of âpassive investingâ.…
Do Risk Adjusted Returns Matter?
by Ben Carlson, A Wealth of Common Sense âBeware of geeks bearing formulas.â â Warren Buffett Research…
Finding Smart Beta in the Factor Zoo
by Jason Hsu, Research Affiliates Factors are becoming so numerous and exotic that John Cochrane referred to the…
Putting the âUnderperformanceâ of Active Managers in Perspective
by Cullen Roche, Pragmatic Capitalism This mantra has been beaten into the brains of investors over the last…
Betting on 'Dumb Volatility' with 'Smart Beta'
by Claude Erb, via SSRN It is possible that some investors make the "dumb mistake" of "buying high…
How Diversification Works
by Ben Carlson, A Wealth of Common Sense âThe only investors who shouldnât diversify are those who…
Getting Closer: Fed Continues its Tapering & Moving Toward Rate Hikes
Getting Closer: Fed Continues its Tapering & Moving Toward Rate Hikes by Liz Ann Sonders July 30, 2014…
Why 'Buy and Hold' is a Misnomer
âWealth isnât primarily determined by investment performance, but by investment behavior.â â Nick Murray Dr. Andrew Lo,…
