equities

291 Posts

The Active Equity Renaissance: New Frontiers of Risk

One modern portfolio theory (MPT) pillar that is unquestionably broken is the use of volatility, specifically standard deviation, as a measure of risk, Jason Voss, CFA, and C. Thomas Howard write in the latest edition of The Active Equity Renaissance series. This initial error in MPT’s development is a major contributor to active investment management underperformance. Read more

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Selling Sugar Short?

The irresistible demand of public opinion has forced universal male suffrage, women’s suffrage, prohibition (and its repeal), civil rights, and anti-tobacco laws. Sugar may be the next big crusade. Investors should keep this in mind when looking at food companies and pharmaceuticals. Read more

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Top Five Articles from February: Buffett, Bernanke, and the Trials of Decision Making

Highlights from February include a guide to better decision making by Lauren Foster; an analysis of how to assimilate market sentiment and crowd psychology to make intelligent investment decisions from Greg Blotnick, CFA; a Todd Wenning, CFA, review of Yefei Lu’s take on the unparalleled investment mind of Warren Buffett; a synopsis of Ben Bernanke’s recent insights on the economy from John Bowman, CFA; and a discussion of the meaning behind labels like “emerging” and “frontier” market as analyzed by Will Ortel. Read more

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