Passive indexing now controls more than half of U.S. equity markets. The unintended consequence? Price discovery is breaking down – creating the biggest opportunity for active investors in decades.
What is Alpha? Have you ever wondered whether you earned enough for the risk taken? In the professional investor world, we use Alpha to measure extra return for the risk; and it is very valuable. Not All Returns Are Earned Equally We are all risk…
Adulting the Stock Market Introduction With the New York Stock Exchange’s founding in 1792, US companies in need of fresh capital could meet investors in a formal setting governed by rules and regulations. In today’s world, every major stock…
What Is the Return on My Investment Looks So Simple Looks can be deceiving and the wrong math applied to any calculation is dangerous. Further, calculating returns is typically more complex than dividing two numbers. Before we break out the math,…
Risk Explained A Very Misunderstood Concept Let’s start with a practical definition – risk is the degree to which a future thing is uncertain. So, for example what has greater risk: the sun rising or me eating a banana for breakfast tomorrow? We can look backwards, as most people do, to observe there has never been a day when the sun did not rise, but I eat…
Regulations Matter Treacherous Waters The two pillars guiding our investment philosophy: Everyclient’s money reflects someone’s deep effort to create that Webalance capital preservation against keeping up with the overall The money we manage provides a vital tool for smoothing life’s rough spots as well as providing a base for…
Human Error The Information is Out There Here’s an interesting fact to ponder: over the decades, our ability to get information to the general public has leveled the playing field for almost every investor. With far swifter access, shouldn’t we…
Hard Assets & Crypto When Did Crypto Become a Hard Asset? If Wall St. is good at anything, it’s storytelling; and as the currency story fades, we now hear credible fund managers declare crypto a “hard asset.” What do they mean by that? According to…