What happens when index funds eat the market?
I’ll preface this by saying, I employ primarily index ETFs for my clients as they offer diversified exposure to asset classes at a minimal cost. That said,…
New Evidence on Performance of ESG Strategies
The jury has been out for some time on whether using socially and environmentally responsible investing adds to or reduces investor returns. Papers over the past decade…
Momentum Strategies Work… Until They Don’t
In their paper “Momentum Crashes”, Kent Daniel and Tobias J. Moskowitz set out to build a better momentum strategy. After reviewing the research on momentum strategies for equities of…
Another oldie: Economic Links and Predictable Returns
We all see what happens to the companies that supply Apple with components the moment Apple’s newest product is opened up and it’s guts are cataloged, delight…
Oldie but goodie: Do Stock Market Investors Understand the Risk Sentiment of Corporate Annual Reports?
It seems like a relatively straightforward idea that statements by a firms management would contain information outside of what the firms financials say. Now, while reading up…