…it doesn’t look that bad in 2008. Maybe that’s because of the government bailout, I don’t know. I know some bankers read this, so feel free to enlighten me. The…
…website, zillow.com, includes a ‘Rent Zestimate’ that estimates the rent on a home based on statistical measures. This owner’s equivalent rent is a squishy measure and it’s a large component…
…average household contribution is $2,974. Collectively, Americans gave $335.2 billion in 2013, which accounted for two percent of Gross Domestic Product (GDP). More than 64.5 million adults volunteered 7.9 billion…
…stock price when the information became public. Ultimately, he was found guilty of insider trading and was sentenced to an 11-year prison term and fined $150 million. More importantly, though,…
…out an ‘optimal’ portfolio. That’s considered quantitative, but it doesn’t require a lot of computing power – after all, it was developed in the 1950s before computers were really on…
…$223.2 billion worth of stocks and ETFs. Far from it: we traded $223.2 million in stocks and ETFs, which is still a lot, but less than what I wrote, which…
…(losing, say, -8 percent instead of -10 percent). In both examples, the outperformance is two percentage points, but relative returns are a secondary concern to whether you’re making or losing…
…enough to get the idea across), the results aren’t so obvious. In the first half of the data, 1926-1970 (or so), our confidence in the small cap premium is 96.9…
A little before my time, comedian George Carlin did a bit called ‘seven dirty words’ that were unsuitable for television. Although the words are fairly commonplace now, I’m glad that…
…activities. In the Eurozone, the European Central Bank (ECB) has just embarked – this week – on a massive bond-buying program, known as quantitative easing. Long time readers will know…
