Book Review: The Bogle Effect by Eric Balchunas
This is a review of Eric Balchunas's book "The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions."
Book Review: Your Essential Guide to Sustainable Investing
I am grateful for this book because I am less confused about sustainable investing, and I am inspired to learn more about the topic. I commend Larry and Sam’s work for being technically accurate and complete, while accessible to a reader who isn’t an expert on the subject and is looking to learn more.
Book Review: Smart(er) Investing by Elisabetta and Tommi
It's not often I get the opportunity to write a book review for our fellow teammates and the best authors on our website -- Elisabetta Basilico and Tommi Johnsen! If you haven't read Elisabetta and [...]
Book Review: Your Complete Guide to a Successful and Secure Retirement
If you are looking for an applied framework for tackling the topic of financial planning, you should read Your Complete Guide to a Successful and Secure Retirement, by Larry Swedroe and Kevin Grogan. This book [...]
Reproducible Finance with R: Code Flows and Shiny Apps for Portfolio Analysis
R is a programming language that owes it's lineage to S, a language designed in it's own developers words, "to turn ideas into software, quickly and faithfully."[ref]Chambers, John M (1998). Programming with Data: A Guide [...]
Book Review: Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts
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 [...]
Book Review — Market Timing with Moving Averages
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. [...]
Richard Thaler: Misbehaving His Way to a Nobel Prize!
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 [...]
Book Review — The Undoing Project: A Friendship That Changed Our Minds
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 [...]
Berkin and Swedroe’s Factor Investing Book
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…
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 [...]
Book Review: Investing in Foreign Stocks
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 [...]
Book Review — Common Stocks and Common Sense
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 [...]
Quantitative Momentum: A Guide to Momentum-Based Stock Selection
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!
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
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
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 [...]
Book Review — Family, Inc.: Using Business Principles to Maximize Your Family’s Wealth
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 [...]
Book Review — Entrepreneurs in the Midst: Stories from Founders, Creators, and Builders
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 [...]
Book Review — The Drunkard’s Walk: How Randomness Rules Our Lives
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 [...]