I want you to take a moment to think about this – never before in my entire career have stocks outpaced the forecasts of Wall Street strategists to the degree to which they have this year. It’s almost always the other way around, forecasters’ outlooks much rosier than what the indices have actually been able…
The Silliness Ceiling Officially Breached
Last July I told you about a startup investing company that seemed to me the epitome of absurdity and lack of industry savvy. It was called Motif Investing and it was based around the premise of designing portfolios based on what they call “motifs” but what the rest of us call fads. I’m America’s foremost…
The Truth About Vix Shrinkage
Where’s the volatility?
New School Twist on an Old School Notion
I love reading about how other practitioners in my industry construct their portfolios and run money for their clients.
Hot Links: "Great Quarter, Guys"
Your morning financial links, expertly curated.
Hot Links: “Great Quarter, Guys”
Your morning financial links, expertly curated.
Niall Ferguson vs President Obama's Economy in Newsweek
Glass houses.
Niall Ferguson vs President Obama’s Economy in Newsweek
Glass houses.
Jon Stewart: A New New Low
Video
Why Facebook's IPO Was Not the Largest Ponzi Scheme in History
“A fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors.”