Book Reviews

Book Review: Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts

By |2018-03-30T13:12:00+00:00February 9th, 2018|Book Reviews|

Behavioral psychology is going mainstream in American culture, from Michael Lewis’s “Moneyball,” to recent Nobel prizes won by behavioral economics giants Daniel Kahneman and Richard Thaler. While there has been a spate of recent books [...]

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Book Review — Market Timing with Moving Averages

By |2017-12-20T09:53:01+00:00December 20th, 2017|Trend Following, Trend-Following Course, Research Insights, Book Reviews|

Trend-following is something I've struggled with for years -- always felt like voodoo magic and data-mining. That said, I finally came around to appreciating the practice after a ton of research replication efforts, independent research. [...]

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Richard Thaler: Misbehaving His Way to a Nobel Prize!

By |2017-11-13T13:55:59+00:00November 17th, 2017|Book Reviews|

Unless you live under a rock, you've probably heard that Professor Richard Thaler earned the recent Nobel Prize. (The University of Chicago is on fire these days with Eugene Fama and Lars Hansen winning the prize [...]

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Book Review — The Undoing Project: A Friendship That Changed Our Minds

By |2017-08-18T17:09:06+00:00March 15th, 2017|Research Insights, Guest Posts, Behavioral Finance, Book Reviews, $SPY|

Psychology permeates nearly every area of human endeavor. In the world of investing, for instance, psychology can help us understand the systematically poor decision-making that drives the academic anomalies explored on this blog. One cannot [...]

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Berkin and Swedroe’s Factor Investing Book

By |2017-08-18T17:09:24+00:00February 1st, 2017|Factor Investing, Research Insights, Book Reviews|

Well, I was midway through a formal book review on Larry and Andrew's new book, "Your Complete Guide to Factor-Based Investing," when I noticed that the team over at GestaltU already wrote the review I [...]

Book Review — Loaded: Money, Psychology, and How to Get Ahead…

By |2017-08-18T17:09:08+00:00January 16th, 2017|Behavioral Finance, Book Reviews|

A few months ago I had the pleasure of hearing Sarah Newcomb speak at a recent Morningstar ETF conference. She was extraordinary. Although I only caught the last 20 minutes of her talk, she had [...]

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Book Review: Investing in Foreign Stocks

By |2017-08-18T17:08:59+00:00November 16th, 2016|Book Reviews|

In their search for strong investment returns, many investors have increasingly looked abroad to international markets. International diversification makes sense from several perspectives. For instance, we wrote here about a paper that argued that some decisions [...]

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Book Review — Common Stocks and Common Sense

By |2017-08-18T17:09:12+00:00October 26th, 2016|Value Investing Research, Book Reviews|

Investing can perhaps be best learned through a combination of applied practice and continuous study. While there is no substitute for real-world experience and the valuable lessons learned from making and losing money, reflecting on [...]

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Quantitative Momentum: A Guide to Momentum-Based Stock Selection

By |2017-08-18T16:58:23+00:00October 5th, 2016|Book Reviews, Momentum Investing Research, Business Updates, $mtum|

The long wait is over. Our newest book--Quantitative Momentum--is finally here. After 2 years of research review, results replication, reverse engineering, internal idea generation, writing, editing, and final publication, we have a final product. We think [...]

Alpha Architect 2 for 1 book deal — cheap summer reading!

By |2017-08-18T17:10:43+00:00August 9th, 2016|Tool Updates, Book Reviews|

Readers: We know a lot of you are out on vacation in August and probably having the time of your life (eg., see below). But just because you are on vacation, doesn't mean you should stop [...]

Digging Deeper into Adaptive Asset Allocation

By |2017-08-18T17:06:51+00:00June 20th, 2016|Interviews, Book Reviews, Tactical Asset Allocation Research|

In some ways, investing is simple. After all, we all want the same things. High returns. Low volatility. Small max drawdowns. Unfortunately, it's very difficult--if not impossible--to have your cake and eat it too. There [...]

Fascinating insights from ETF industry veteran Eric Balchunas

By |2017-08-18T17:05:08+00:00June 15th, 2016|Interviews, Book Reviews|

In the world of ETFs, while there are many people who claim a deep understanding of ETFs, there are few who actually possess it. Eric Balchunas is an exception. Source: https://twitter.com/EricBalchunas Eric has a [...]

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Book Review — Family, Inc.: Using Business Principles to Maximize Your Family’s Wealth

By |2017-08-18T17:09:10+00:00June 3rd, 2016|Book Reviews|

For many people, navigating the road to long-term family wealth creation can be a challenging process. This is because families, especially young ones, may be thinking more about minivans and mortgages than about asset allocation [...]

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Book Review — Entrepreneurs in the Midst: Stories from Founders, Creators, and Builders

By |2017-08-18T17:09:10+00:00May 23rd, 2016|Book Reviews|

When considering the prospects for an early-stage business, it’s hard to know the right ingredients for success. You might assess the firm's business model, and value proposition. You might look for diverse traits in the [...]

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Book Review — The Drunkard’s Walk: How Randomness Rules Our Lives

By |2017-08-18T17:09:06+00:00May 10th, 2016|Research Insights, Behavioral Finance, Book Reviews|

Although randomness is all around us, we often fail to recognize the profound role it plays in our lives. Evolutionary biology and faulty intuition lead us to make mistakes that can radically distort our perception of [...]

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Book Review: The Institutional ETF Toolbox

By |2017-08-18T17:08:57+00:00March 31st, 2016|Book Reviews|

ETFs are taking over the world. Last year, according to ETFGI, a research firm, ETF net inflows were $372 billion, representing 10% growth versus 2014. Today, ETF assets stand at ~$3 trillion, a figure that [...]

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Book Review: America’s Bank: The Epic Struggle to Create the Federal Reserve

By |2017-08-18T17:09:02+00:00February 29th, 2016|Book Reviews|

The Federal Reserve is in the news a lot these days, but despite its prominence and importance to the world economy, not many people know about how it got its start just over 100 years [...]

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