Learning Center

The Paranoid Survive, but They Burn Out. Take a Break.

Date27 Jun 2016

Comment0

Perhaps you’ve heard the expression, “Only the paranoid survive.” Ring a bell? If so, it’s probably because that’s the title of a book by Andrew S.Grove, the former chairman and chief executive of Intel. When I read this book in late 1999, I bought into the need to always be looking for opportunities and to live my life...

Buffett’s Advice Widely Respected, Seldom Followed

Date27 Jun 2016

Comment0

If investors were asked, “Who do you think is the greatest investor of our generation?” I’d bet an overwhelming majority would answer, “Warren Buffett.” If they were then asked, “Do you think you should follow his advice?” you might think that they would say, “Yes!” The sad truth is that while Buffett is widely admired,...

Retirement Is Scary; Plan It Out

Date27 Jun 2016

Comment0

Retirement creates many challenges. Unfortunately, while about 10,000 Americans retire daily, the sad truth is that most people seem to spend less time planning for retirement than they do for a vacation. Anxiety regarding our futures is a common ailment, especially among the millions of Americans rapidly approaching the end of their working years. And...

Beware The Drag Of Collar Strategies

Date27 Jun 2016

Comment0

It’s been well-documented that, in general, investors are risk-averse. This aversion to losses leads many investors to seek “tail protection” strategies. And the most direct way to obtain downside protection is to buy put options. However, purchasing volatility insurance is expensive, because, historically, realized volatility has been well below the level of volatility implied in...

An IRA With No Fees and No Risk

Date20 Jun 2016

Comment0

According to a recent poll conducted by The Associated Press-NORC Center for Public Affairs Research, two-thirds of Americans earning between $50,000 and $100,000 would find it difficult to come up with $1,000 to cover an emergency. For those earning less than $50,000 a year, that figure increases to 75 percent. A shocking 38 percent of...

Hedge Funds Choke In Crises

Date20 Jun 2016

Comment0

Among the arguments made for investing in hedge funds is that they reduce the tail risks of traditional portfolios. In other words, they are expected to at least avoid the impact of market crises. Unfortunately, the 1998 implosion of Long-Term Capital Management and the global financial meltdown in 2008 demonstrated that this hypothesis is incorrect....

New Angles on the Size Premium

Date20 Jun 2016

Comment0

Many investors and advisors who implement multifactor portfolios tend to focus on capturing the value premium over the size premium, often for the simple reason that, historically, the value premium has been larger. Others have even challenged the size premium’s very existence, citing a weak and varying historical record. In both situations, it may be...

The Paranoid Survive, but They Burn Out. Take a Break.

Date20 Jun 2016

Comment0

Perhaps you’ve heard the expression, “Only the paranoid survive.” Ring a bell? If so, it’s probably because that’s the title of a book by Andrew S. Grove, the former chairman and chief executive of Intel. When I read this book in late 1999, I bought into the need to always be looking for opportunities and...

Learning Center

Categories