Portfolio hedges don’t come cheap, but we shouldn’t confuse those costs with the vehicles that make hedging possible. Volatility has been written about as an asset class at least since the early 2000s, but not until VIX futures and exchange-traded products … Read more
3 CommentsTwo simple words could radically change the whole power dynamics in the huge financial software industry. They are “Federated Chat”. In the past few months, the financial software sector has suffered something of a disruption. Namely the very powerful, very … Read more
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Some people believe that age is a common denominator. The great fallacy of target-date funds is that age is used as a shorthand for the level of investment risk an individual should take. There are many other measures to take … Read more
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The Baby Boomers were the most populous and richest generation to walk the earth. Now, they are just the richest. The Millennial Generation, or Generation Y, are the largest generation in human history. Their story thus far bears a strong resemblance to … Read more
Leave a CommentCFA Institute: Many investors may underestimate the risks associated with ETFs. What are they? Rick Ferri, CFA: I think the biggest risk with ETFs is that they trade as a security separate from the underlying security. In 2010, we had the so-called flash … Read more
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Retail investors are currently pouring money into “bank loan” funds at a record rate, and the longer term implications are cringe worthy. The popularity and rationale for investor interest has some merits, but only on the surface. The reasoning goes … Read more
5 Comments Introduction I am not always a contrarian, but an opposite view from the crowd often gives an investor a safer perspective. Thus the lackluster performance of the US stock market in the first half of January is a prod to … Read more
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Editor’s note: We asked Hadley to undertake some research into India in preparation for the report we ran a few weeks ago. It was a tough assignment, and she confronted many of the same issues that any research analyst might … Read more
Leave a Comment Rising post-secondary education costs and the additional debt burden they are putting on today’s young adults have become popular topics of discussion. James Altucher stoked much of the present fire with his 2010 piece Don’t Send Your Kids to College. Jeffrey … Read more
3 CommentsI was scanning the news the other day, and someone on Hacker News mentioned that half the items above the fold on StreetEYE were about Bitcoin. And I said to myself, I haven’t seen the neckbeards this excited since the … Read more
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