How to Win Your Office Pool and VIC Roundup
AAPL, MO, and MCD all hitting new all-time highs...
----
I just attended another great Value Investing Congress in NYC, and here is a roundup of...
Hedge Fund Transparency and Moving Averages: An Ancient Tale With No Empirical Support
Nice interview with TCU and Investure folks on CNBC.
----
French Fama on moving averages: "An ancient tale with no empirical support."
This really surprised me. ...
AQR Profile
A lot of goofy quotes in here but I like this one:
“No strategy is so good that it can’t have a bad year or...
Institutional Plan Sponsors Are Bad at Timing Too
Paper from last year that I am just seeing:
Absence of Value - Stewart et al
Abstract
Institutional plan sponsors are charged with investing over $10 trillion...
New Risk Parity Mutual Fund Launches
AQR, who has been pretty innovative in launching a number of what I would call alternative beta funds, just launched a risk parity fund...
Gold Sentiment
Klarman (who is long gold):
"At our recent investment team retreat, virtually every speaker - many of the leading thinkers in the markets and in...
ETF and Portfolio Design Tools
Lots of cool innovation going on in the online finance space. A few interesting links:
Asset Class Backtester
The website also lists free sources for...
