Posts filed under “Investing”

Climate Modeling to Portfolio Implementation


Source: Mercer

Category: Investing, Science

The Emotional Investing Roller Coaster

I love this chart:   Click to enlarge Source: The Reformed Broker

Category: Investing

Prepare Your Portfolio to take Advantage of Climate Change

A new Mercer research report, “Investing in a Time of Climate Change,” is fascinating for what it is (and isn’t): a pure investment thesis, not a screed on science or politics. The report is especially timely, given a new National Oceanic and Atmospheric Administration report showing the so-called global-warming hiatus was the result of an error in…Read More

Category: Investing, Science

More Fun With Useless Correlations: American Pharoah

About a year ago, we discussed what happens “When Correlations Lie.” Delving into the classic logical fallacy that correlation implies causation, we looked at equities and a variety of supposedly related factors, including gross domestic product, rising interest rates, earnings surprises, new financial products and the “death cross” involving daily moving averages. All were classic coincidences of…Read More

Category: Bad Math, Cognitive Foibles, Investing

Markets Are Up, So Prepare For the Next Storm

    My Sunday Washington Post Business Section column is out. This morning, we look at what you can do — right now — to get yourself prepared for stormy weather in the markets. The print version had the full headline The sun is shining on portfolios, but winter is coming, while the online version was Your portfolio may…Read More

Category: Apprenticed Investor, Asset Allocation, Contrary Indicators, Investing

Are US Stocks Overvalued?

This is just such an information rich chart, even if you are not a CAPE fan:   click for ginormous graphic Source: Bloomberg  

Category: Investing, Markets, Valuation

My 2015 Summer Reading List

Summertime is here. The days are still getting longer, the kids will soon be in camp, the beach beckons. With Memorial Day behind us, we have 12 weeks before Labor Day sneaks up on us. My goal each year is to read three books a month between the holidays that mark the unofficial start and…Read More

Category: Books, Economy, Investing, Psychology, Science, Weekend

RIA’s Ranked by Total AUM

Click for the 50 page list. Source: Investment News

Category: Asset Allocation, Investing

A Secret Wall Street Brainwashing Machine is Wholly Unnecessary

Every now and again, I disagree with an article written by someone I like and respect. On occasion, an author will crank out a column that makes me angry. And on rare occasions, I will read something where I disagree with just about every sentence. Today is one of those total disagreement days. Marketwatch columnist Paul Farrell…Read More

Category: Asset Allocation, Cognitive Foibles, ETFs, Investing, Psychology, Really, really bad calls

Inflation vs. P/E Model (1965 to Present)

  Relative to this morning’s column, consider this discussion about inflation and valuation: From Savita Subramanian: Inflation: The level of inflation also matters, and historically has had a strong relationship with PE multiples. Chart 2 below indicates that the relationship may not be linear, but many have simplified this relationship to the “Rule of 21”…Read More

Category: Inflation, Investing, Valuation