…specific plans for Giving Tuesday, this is the time of year when charitable giving comes to mind and last year I took the opportunity to write about Donor Advised Funds…
Over the weekend, Barron’s put out their annual quiz for readers to predict market related events in the coming year (you can find the quiz here, but a subscription may…
…be explained by factors like value, momentum, size and quality. Since my article, the fund has probably lost that alpha because the fund has declined by -10 percent while the…
One of the big concerns coming out of the financial crisis was runaway inflation. Central banks around the world were buying bonds on a massive scale, which is effectively equal…
…to MSCI compared to 4.6 for the S&P 500. That’s a discount of nearly one-third. (Developed markets stocks are even cheaper – the price-to-book ratio for the MSCI EAFE index…
…attending an investment committee meeting for one of our institutional accounts. I actually don’t work directly with the client and was asked to come by one of our Portfolio Managers,…
…while others want to avoid companies that pollute the environment or profit from unhealthy habits like cigarettes or alcohol. Others still may want to avoid companies with unfair labor practices….
…the entire committee. If he is chosen I would expect for the Taylor Rule to still be just one of many tools used by the committee but policy would most…
…comparing the Shiller PE ratio with Tobin’s Q (this sounds exotic, but simply compares the value of the company to the replacement cost of all of their physical assets). There’s…
…on their platform. I think it was $29.95 when we started Acropolis and was $4.95 until it went commission-free in 2019. Although the previous cuts in commissions were due to…
