Bubbles vs. Paradigm Shift
This is a really interesting piece from the bubblemaster himself (330 and counting).
Time to Wake Up: Days of Abundant Resources and Falling Prices are...
The Biggest Urban Legend in Finance
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
Nice post here that traces the phrase "“Cut short your losses,” – Let your profits run on”:
How to Pick Mutual Funds: The Netflix Prize for Improving Morningstar’s Star Rankings
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
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
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
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...
