Deciding What to Pay Attention To
The Distraction of Investment Noise Bloomberg, June 6, 2016 This has been a very noisy few months in terms of the...
The Best Sort of Financial Advisor Will Tell You ‘No’
Say ‘yes’ to the financial adviser who will tell you ‘no’ Barry Ritholtz Washington Post, May 29, 2016 Is finance a...
Trump: Unemployment is 20%; BLS Data is Fraudulent
By now, we have become almost used to a steady stream of inaccurate statements from the presumptive Republican presidential nominee. Most...
Do $100 Million Apartments Mean We Are in a Bubble ?
Be on Guard Against Bubble Sightings A surge in the number of super-expensive houses for sale doesn’t tell us anything about the...
Fooled Ya!
I am heading out for the long weekend, and then off to speak at a CFA conference, so expect light postings the next week (Reads continue...
How Reproducible is Alpha?
Is alpha, the Wall Street term for market-beating returns, sustainable? Or is it a unique, statistical outlier, indistinguishable from...
Click-Bait Memes, Repeated Annually
What if you saw a headline that said that a brilliant billionaireinvestor, whose every move is closely watched, had put on a trade that...
The “Soros Put” Story
More on this later today: During the last four years there have been many articles in the financial media about Soros buying puts. All...
The Zika Virus and the US Congress
While the Zika virus spreads in the US and other nations, the US Congress has fiddled like Nero in Rome. The debate has been over a...
Hulbert on Crashes
In Barron’s, Mark Hulbert tells readers to Stop Worrying About the Stock Market Crashing! While the risk of a crash is not...