Battle of the Quants 2015: Wall Street vs Silicon Valley

Posting will be light today as I’m en route to take part in the 2015 Battle of the Quants conference at Carnegie Hall in New York City. I’m moderating a panel discussion about pretty fascinating topic – whether or not Wall Street and Silicon Valley will end up as rivals or partners as they infringe…

The New NEW Divergence

This week it’s the fact that the Dow Transports are setting multi-week lows while the Dow Industrials flirt with an all-time record breakout. Maybe this “non-confirmation” will matter. Hasn’t mattered about a hundred times before as this sort of divergence has resolved itself to the upside – crisis averted. But this time, maybe. Once upon…

Active Funds Winning in 2015 So Far

As I mentioned a few weeks back, the three critical conditions to see a large number of actively managed stock mutual funds outperform are all present: a) cash is not a huge drag b) small/mid caps competitive with large caps c) international stocks holding their own Dipping into smaller stocks, foreign stocks that exist outside the…

Selecting a Robo-Advisor

Question #2: How many colors can you show in your pie charts that depict my asset allocation? Robo-advisors are not only known for their low fees for basic services but they also give their clients stunningly beautiful pie charts to understand and visualize investable assets. The pie chart is the robo-advisor’s signature tool in emotionally connecting…