Practical analysis for investment professionals

Portfolio Management Techniques


Dollar-Cost Averaging (DCA): A Reappraisal

Now is a good time to revisit the logic of dollar-cost averaging (DCA) in investing.

Top 10 Posts from 2020: COVID-19, The Silent Depression, Damodaran

What Enterprising Investor articles most resonated with readers in 2020?

The US Tax Outlook: Changing States?

As 2020 winds down, many tax- and residency-related matters are coming to the fore. How should you tackle them with clients?

Special Distributions from Long-Term Asset Pools: Counting the Costs

What should investors consider before taking special distributions from long-term asset pools?

Morgan Housel on Greed and Fear, Frugality and Paranoia

“Investing is not the study of finance,” Morgan Housel says. “Investing is the study of how people behave with money.”

Aging and Equities: Selling Stocks for the Long Term

As the population ages, who will be left to buy stocks?

Why You Should Be a Goals-Based Investor

What if our traditional models of choice are not measuring people’s true objectives?

ESG at a Tipping Point

ESG's growing prominence requires that investors expand their toolkits.

Public Pension Funds: Cost Matters with Closet Indexers

What impact does cost have on public pension fund performance?