The Biggest Urban Legend in Finance

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From Arnott,  The Biggest Urban Legend in Finance: "A 30-year stock market excess return of approximately zero is a huge disappointment to the legions of...

Trendfollowing in the 1800s

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Nice post here that traces the phrase "“Cut short your losses,” – Let your profits run on”:  

Taxes

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Some nice pieces on taxes as tax day approaches! There are some great articles in the Bloomberg Government Insider spring 2011 issue but I can't...

Traveling

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Getting ready for a monster upcoming travel schedule, made even more pleasant due to a recently installed Achilles tendon where my ACL used to...

How to Pick Mutual Funds: The Netflix Prize for Improving Morningstar’s Star Rankings

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While most mutual funds underperform a simple index (and the vast majority underperform after tax), does that mean one cannot build a metric that...

Currency Trading

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I can't think of an area of investing individuals know less about than currencies.  (As an aside: We are currently writing a paper on...

A Few Links

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I enjoyed getting all the emails from people claiming their assets back from the state governments this week.  One of my favorites was the...

Tax Time – Unclaimed Property

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Update: Largest single claim so far : $10,000, total claimed:  $~$15,000-$20,000 As tax season rolls around, most people are busy trying to figure out how much...

Banff Mountain Film Fest

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One of my favorite things to do all year.  In Los Angeles this weekend....Check out the homepage here for screenings in your city:   [youtube https://www.youtube.com/watch?v=QOhU0nW686o&rel=0&hl=en_US&feature=player_embedded&version=3&w=640&h=390]

Sorting Countries by Dividend Yield

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Another great chart from the GIRY doc below, would be nice to see this paired with momentum.  The dataset is available through Morningstar as...