Follow Along
-
Recent Posts
Categories
Archives
Monthly Archives: October 2010
FUTURE OF MONEY MANAGEMENT
Chicago Booth Management Conference Thursday April 29th 2010 Eugene Fama & David Booth Moderated by Dean Edward Snyder Dean Snyder: Why is it that active management continues to be such a prominent feature in the world of money management-it is … Continue reading
Posted in investing
Time for a Reality Check
By Dan Solin As year-end approaches, this seems like a good time for a reality check. On October 9, 2007, the Dow Jones Industrial Average closed at its all time high of 14,164. At that level, it had gained 94% … Continue reading
Posted in investing
When Does Active Management Shine?
Question from the Fama French Forum: If you are familiar with a recent survey of mutual fund performance by Fundquest (Jane Li, “When Active Management Shines vs. Passive,” June 2010), your comments would be appreciated. EFF/KRF: We read Ms. Li’s paper … Continue reading
Posted in index funds, investing
Tagged Fama French
Q&A: When Does Active Management Shine?
Q: If you are familiar with a recent survey of mutual fund performance by Fundquest (Jane Li, “When Active Management Shines vs. Passive,” June 2010), your comments would be appreciated. A: EFF/KRF: We read Ms. Li’s paper after getting your … Continue reading
Posted in investing
Tagged Dimensional, Eugene F. Fama, Kenneth R. French
Structured Products – The Sharks Are Biting
by Jay Franklin “Wall Street is a place where anything that can be sold will be sold” – Warren Buffett “You are just a buyer of Wall Street’s dreck” – Robert Soros “They [structured products] are horrible investments for retail … Continue reading
Posted in investing
In Response to Nassim Taleb’s Comments on Black Swans
BLACK SWAN FROM JOHN BOGLE’S BOOK ‘ENOUGH’ Here under are John Bogle’s words from his book Enough-from the Chapter Not Enough Investment. Nassim Nicholas Taleb captures this idea with great insight in his book, The Black Swan: The Impact of … Continue reading
Posted in investing
Sector Rotation: A Sound Investment Approach or an Exercise in Futility?
by Jay Franklin Recently, many investors have succumbed to one of the siren songs of active investing, sector-picking. They believe that they can predict which industrial sectors will outperform the total market either for the short-term or the long-term. Their … Continue reading
Posted in investing
Q&A: Market Timing with Moving Averages
Q: Some researchers argue that a market timing strategy based on buy/sell signals generated by a 50- or 200-day moving average offers a more appealing combination of risk and return than a buy-and-hold approach. What is your view? A: EFF/KRF: … Continue reading
Posted in investing
Tagged Dimensional, Eugene F. Fama, Kenneth R. French
A Novel Investing Strategy From the WSJ
By Dan Solin Many investors take the Wall Street Journal seriously. So when I read a column by Brett Arends entitled, “You Should Have Timed the Market,” it caught my attention. I knew I was off to a bad start … Continue reading
Posted in investing
