I don’t usually advocate trading due to the higher probability of loss ascribed to the predominance of cognitive bias and behavioural economics. Note from personal experience that an awareness of such risk is insufficient to curtail the risks. For those that...
You need to restructure your conservative bond – heavy portfolios because of the risk and likelihood of rising inflation. Cutting your fixed income exposure in half is a good starting point. It’s likely that your conception of risk fails to account, in...
Why investment funds may be toxic to your investment portfolio. There are a number of misconceptions around diversification. But head and shoulders the number one misconception is so widespread, harmful and misunderstood. First, the also rans. Diversification is...
In addition to an overload of turkey every Thanksgiving table I’ve sat at has had some sort of gratitude practice. Sometimes, this takes the form of going around the table where people can express things that they are thankful for. Other times the host could lead a...
Many investors, especially venture capitalists, think of CEO’s as being either a peacetime CEO or a wartime CEO. Wartime is a metaphor typically for a peacetime or wartime national leader. I think investors need to start using this as a lens for self-evaluation....
Proper Portfolio Construction is both art and science. Here is a little art. Why you should constrain all of your sectors except technology? What are portfolio constraints? Position constraints are a popular input to portfolio optimizers or asset allocation...
