…returns. His big insight was to combine value investing with momentum, not just in stocks but across all asset types like bonds, commodities and currencies. Ultimately, he left Goldman to…
…money flowing in and out of the fund. The fund companies, including conservative firms like Vanguard, sometimes buy a futures contract equal to the amount of cash on hand. Futures…
…it almost seems normal, and with some negative interest rates elsewhere around the world, sometimes zero even seems good (actually, it never does, but negative is just so bad). Earning…
…I found that if we applied the January 31st percentages to the March 4th holdings, I found that the exposure was approximately $1.1 million, or 0.06 percent of the total…
…about it, regardless of your answer. In simple terms, an efficient market quickly incorporates news and information into prices. It’s easy to find examples of market inefficiency, like when companies…
…policies, and demonstrate the effect that the securities portfolio has on the bank’s balance sheet. In all cases, Acropolis provides comprehensive reporting in an easy-to-understand format, allowing trustees to monitor…
…If you go to Wikipedia, you can get a list of all of the dates that the Dow Jones Industrial Average crossed major milestones (first by fives, then 10s, then…
…the stories include funny anecdotes like the fact that pets.com had a market value of $300 million even though it lost $62 million on $6 million in revenues. Maybe that…
…policy advice and technical assistance to countries to help build and maintain strong economies. When countries run into trouble, the IMF makes loans on affordable terms and then works with…
The big selloff last week centered around a massive Chinese real estate developer, Evergrande, which is almost certainly insolvent. Although not many folks around here (including me) had ever heard…
