6 High-Net-Worth Tax-Trades with Targets on Their Back
Our good friends at the government have compiled their newest list of tax-tricks that anger them the most. Or in their words, how tax pros [...]
Why The Low-Volatility Anomaly Exists
Benchmarks as Limits to Arbitrage: Understanding the Low-Volatility Anomaly Baker, Bradley and Wurgler A version of the paper can be found here. Want a summary of [...]
Why Value Investing is Simple, But Not Easy: IB Webinar
I'll be hosting a webinar in conjuction with Interactive Brokers LLC on March 11, 2015. Mark your calendars! Topic: Why Value Investing is Simple, but [...]
Timing Value and Momentum with Valuation-Spreads
We were recently passed along an article suggesting that valuation spreads, or the spread in a valuation metric across the most expensive and least expensive stocks, matters [...]
Buffett and Hedge Funds Share a Trait: No Alpha
Aaron Seager, a portfolio manager at Arbor Hill Advisors, offered up the following charts showing alpha over the past 15 years for Warren Buffett and an [...]
Did Warren Buffett Move the Goalposts in the Latest Letter?
It appears even the Oracle of Omaha may be vulnerable to short term performance pressures. The Berkshire report came out today, and it has magically [...]
Quant Geek Weekend Finance Homework
Recently Discovered Research You Might Have Missed: What is Social Data? (MKTSTK) A Model of Cognitive Dissonance and Information (Matthew Kovach) Insider Trading in Commodities Markets [...]
Dissecting Goldman’s 99 percentile Market-Timing Signal
Investors have been worrying, at least for the last several years, that the market is overvalued. By some measures this is undoubtedly true. Just yesterday we highlighted that [...]
Market Valuations based on CAPE–A Deeper Dive
We have discussed market valuations in the past, but the issue of market valuations was recently raised on CNBC, when Robert Shiller suggested he may shift out [...]
Top 5 Geeky, Yet Funny, Economic Paper Titles
As many are aware, economists aren't the funniest group in the crowd. Here are some sample jokes from the funniest economists out there--Yoram Bauman. Here [...]
Can you Predict Stock Market Returns with Short Interest?
Short Interest and Aggregate Market Returns Rapach, Ringgenberg and Zhou A version of the paper can be found here. Want a summary of academic papers with [...]
Quant Geek Weekend Finance Homework
Recently Discovered Research You Might Have Missed: An R Tutorial for Microsoft Excel Unsers (Revolutions) Backtesting A Basic ETF Rotation System in Excel (System Trader Success) [...]
Interview with a “Flash Boys” All-Star: Ronan Ryan from IEX
Here's the bottomline: As an investor, you've probably been helped by high-frequency-trading, but it is equally likely you've been SCREWED by high-frequency trading. As a [...]
Global Debt: A Scary Situation with Limited Solutions
Earlier this month, McKinsey published a remarkable report on trends in global debt, and concludes that the world's debt, rather than decreasing, is in fact [...]
Book Review — Open Secret: The Global Banking Conspiracy to Fix LIBOR that Swindled Investors Out of Billions
Book Overview In today’s complex financial world, borrowing rates are all around us, implicit in everything from our credit cards to our mortgages. Many of these [...]
How-To-Guide: DIY Investing Tool
Our DO-IT-YOURSELF Investing Tool is Live! You can build your own stock selection and asset allocation models using our DIY Investing tools. How to Access the Tool? [...]
Our Asset Allocation Backtest Tool (a how to guide)
Our Asset Allocation Backtesting Tool is Live! You can build and backest your own asset allocation portfolio using our "Allocation Architect" tool. How to Access [...]
The Wrong Way to Pick Value Investing Funds
US News laundry lists their top 10 "Value Investing Funds," or Value Investing ETFs, in their recent article: http://money.usnews.com/funds/etfs/rankings/value-funds The criteria (and weighting) for selecting so-called [...]
Quant Geek Weekend Finance Homework
Recently Discovered Research You Might Have Missed: To Hedge or Not to Hedge? (Morningstar.com) The Very Cheapest Stocks (P/B) Do Very Badly (Millennial Invest) Exploring Social Media [...]
A Tactical Asset Allocation Horserace Between Two Thoroughbreds
Executive Summary: Dual Momentum, a concept pioneered by Gary Antonacci, intelligently combines elements of two types of momentum investing strategies -- absolute and relative momentum -- [...]