The Capitalism Distribution: Fat Tails in Action
Quick, before you read this post, ask yourself these questions:
1. What percentage of stocks beat their benchmark index over their lifetime?
2. What percentage of...
AlphaClone Beta Launch!
Take the tour here!Free Warren Buffett clone example here. Beats the market by 10% a year since 2000, including outperforming the market by...
Market Timing is Impossible
That was the response of a certain Nobel Laureate when I tried to get him to read my paper "A Quant Approach to Tactical...
Asset Allocation Backtester, Quant Funds, and Market Timing
Of the 10,002 US Stock Mutual Funds Morningstar tracks, ZERO are up on the year and the average performance is -43.63%.Of the 2,892 Foreign...
You Should Listen to Jim Rogers
From December 2007:Rogers, who is short Fannie Mae shares, is also short Citigroup (C, news, msgs) and highly negative on its prospects, too."Technically, it's...
Global Multi-Asset Fund
PIMCO has a new fund out managed by El-Erian and crew - Global Multi-Asset PGMDX. Although it looks expensive with a 1.5% managment fee. Fact...
Weekend Linkfest
I always save old copies of Barrons that had investment ideas I found interesting, but wanted to revisit at a later time. I...
Vonnegut on the Financial Markets
I really miss Kurt Vonnegut.
From Galapagos, circa 1985:
The thing was, though: When James Wait got there, a worldwide financial crisis, a sudden...
Wahoo Wha??
A lot of the endowments are struggling with the recent market meltdown. Unfortunately, my alma mater happens to be one of the worst...
