Sometimes even the best of ideas are only good in theory because they are impossible to implement in practice. This holds true to the financial world as well. Academic financial research generates hundreds of research papers each year highlighting potential ways for investors to get a … [Read more...] about Belling the Cat – Using research to time the stock markets
Investing
WeWork Pricing Insights
The recent failed Initial Public Offering (IPO) of the office sharing space company WeCo. gives great insight into how the capital markets decide on the “fair” price for company shares. This post will highlight how this process works, as it is a mystery to most on how the price of any company is … [Read more...] about WeWork Pricing Insights
IPOs: Profiles Are High. What About Returns?
Initial public offerings (IPOs) often attract initial public interest—especially when familiar brands become broadly available to investors for the first time. In recent months, investors have had the opportunity to buy shares of ride‑hailing networks Uber and Lyft, workplace productivity … [Read more...] about IPOs: Profiles Are High. What About Returns?
Golfing and Investing: Risk trade offs
The key to successful investing and golfing is determining when risk is necessary to accomplish your goals and when it is not. As I watch the phenomenal professional golfers tend to their craft this summer, I thought of the similarities that risk has in both pursuits. Watching the different … [Read more...] about Golfing and Investing: Risk trade offs
The Death of Equities – Re-visited
40 Years ago this week, Newsweek had one of its most infamous headlines: "The Death of Equities: How inflation is destroying the stock market". This was the cover headline August 13, 1979. The financial media and media in general are always trying to project fear into investors and this … [Read more...] about The Death of Equities – Re-visited
The Randomness of Global Equity Returns
Investment opportunities exist all around the globe. Across more than 40 countries, there are over 15,000 publicly traded companies.[1] If you listen to the news, however, some countries may seem like better places to invest than others based on how their economies and stock markets are doing at … [Read more...] about The Randomness of Global Equity Returns