All posts tagged "diversification"
Charles Ellis and Peter Bernstein in Classic Interview
Consuelo Mack, in a recent edition of Wealthtrack, re-broadcast a classic interview from 2006 featuring the late Peter Bernstein and Charles Ellis. Bernstein was an economist, an expert on risk, and the author of several books including...
- Posted March 25, 2012
Meir Statman Says Investors Underestimate the Role of Luck
Pimm Fox interviewed Meir Statman, professor at Santa Clara University and author of What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions. Statman is an expert in behavioral finance. Fox began the...
- Posted October 25, 2011
Jim Paulsen is Looking for Stability
A chastened Jim Paulsen, chief investment strategist, Wells Capital Management, advised investors to stay diversified and indicated traders could benefit by making small moves in the current volatile environment. He would sell safe haven assets as he...
- Posted August 21, 2011
Stocks Are Beginning to Look Attractive Again
As the market stairsteps lower, investors are being presented with some very enticing opportunities. I maintain a separate account from the portfolio featured at this site (in which we are getting close to a TTS buy signal)....
- Posted August 25, 2010
Diversification Across Characteristics Results in Superior Returns
Erik Hjalmarsson, Winston Capital Management, studied long-short portfolio strategies formed on seven different stock characteristics representing various measures of past returns, value, and size. Hjalmarsson’s conclusions: Each individual characteristic results in a profitable portfolio strategy, but these...
- Posted March 17, 2010
Bill Ackman Thinks Diversification is for the Lazy
Bill Ackman made a speech at the Active/Passive Investor conference in which he referred to those investors who overdiversify as lazy. “They haven’t done enough research into any of their companies. If they’ve got 200 positions, do...
- Posted March 4, 2010
2009 Market Returns and 10 Year Returns
Despite the 2009 return on the S&P 500 of 26.6%, investors who put $10,000 in stocks on Dec. 31, 1999, have $9,090 now, while the same amount in 10-year Treasury notes would have grown to about $18,000...
- Posted January 2, 2010
Jim Rogers Bad Mouths Diversification
Jim Rogers, world-renowned investor, has recently proclaimed it is a mistake to diversify amongst asset classes. This might be the case if you knew for certain which assets were going to outperform. In the real world his...
- Posted April 21, 2009
Emerging Market Bonds Offer Diversification Benefits
William Samuel Rocco at Morningstar has written an article highlighting the virtues of holding emerging markets bond funds in a portfolio. Emerging markets bond funds have different country weightings than emerging markets stock funds and therefore offer...
- Posted April 11, 2009
Mohnish Pabrai and Whitney Tilson Fall From Grace
Davy Bui, blogging as “The Enlightened American,” attempts to explain what went wrong with the strategies of Mohnish Pabrai and Whitney Tilson, causing their investment underperformance of late. Tilson’s lesson? In his case, an overly strict definition...
- Posted March 21, 2009