What we are reading on 3/28/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
An evaluation of gamma hedging
Is there a downside to passive funds?
A lot happens in the last five minutes of trading
Why investors are migrating to bond ETFs
A contrarian stock ETF
Being wrong helps us learn
Are tontines the future of retirement?
How MSCI builds its indices
A periodic table of returns including alternative assets.
Questions a value investor should ask
What comes after coding?
Declining physical strength among men
Globalization threatens the welfare state
The narrowing circle of global winners
With health care reform dead, what are the prospects for tax reform?

What we are reading on 3/24/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Worried about stock prices are increasing
Skew risk pricing is now an outlier
AQR has packed hedge fund strategies for the masses
A new low in ETF expense ratios
Are stocks overvalued?
Free investment tools
Can one time factors?
A critique of levered ETFs
Institutions are scrounging for returns
Public pensions are becoming interested in securities litigation
Another quant pushes the research frontier
Does buying bad performing funds work?
Does the skew index have predictive value?
A contrarian case on 401k contributions
Nearly 1 in 200 Americans is an attorney
Lots of errors in psych research
Focusing on the present increases well-being
An investing blogroll

What we are reading on 3/21/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
An update on the permanent portfolio
The Dirtiest Word In Finance: Market Timing
Are universities becoming daycare centers?
Does skew mean anything?
How much upside does tax-loss harvesting offer?
A look at interval funds
The U.S. is ‘over-stored’
Being busy versus being productive
Time to thing globally?
Loud noises are worse for your hearing than earlier thought.
Fatty food makes a comeback
Simple stress reduction techniques.
People seem to think of themselves as nicer than they really are.
Maybe you don’t need to improve yourself.
Be careful if you depend on a public pension scheme.
Use car prices appear to be rolling over
Kansas’ experiment with tax cutting isn’t going so well
Hussman’s latest

What we are reading on 3/17/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
An asymmetrical approach to trend following
Do risk parity and trend following mix well?
A deep dive into smart beta structuring questions
A case for saying ‘yes’ and taking risks
Maybe exhausted physicians aren’t a good idea …
Are we reaching a turning point in credit markets?
At what point does more information become less helpful?
The one-day volatility fund
Is the investment consulting business feeling the pressure?
‘How to succeed’ lists may be kind of useless
A pension fund attempts to squeeze the hedge funds.
Minimum volatility portfolios and interest rate sensitivity
Thoughts on how to achieve diversification
The miracle of compounding
Make the most of failure

What we are reading on 3/14/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Some ideas on improving the momentum factor
Dinner parties and restaurants do not help shrink the waistline.
The basics of fundamental indexing of bond portfolios
When should one add a new factor to an investment process?
How we choose to live our daily lives reshapes our brains
Social media and friendships
HIIT wins again!
On the future of the scholar-athlete
Computer science grads are doing well
Not so much insider buying these days …
Evidence follows belief
Tracking the global asset flows
Driverless truck convoys
Hussman’s latest
Let’s hear it for blueberries!
Astonishing memory improvement
A case for active bond investing?
Is now the time for active bond management?
GMO on emerging markets

What we are reading on 3/10/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
A new twist on momentum stock investing
A deep learning primer
Inflation tends to trend, nothwithstanding the policymakers.
Is oil demand downshifting?
Is correlation a stock picking factor?
An interesting calendar effect
An interesting question about index investing
The world is awash in cocoa
An economic heat map

What we are reading on 3/7/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Are investment research papers held to too low a standard?
Why has The Prudent Speculator done well?
Checking one’s investment performance does not increase happiness.
Doug Kass – are the market being irrational?
How to make the best of a slight advantage.
The appeal of video games.
Interest rates and stock valuations
Is passive investing truly passive?
Is wage inflation heating up?
One theory of low volatility fund performance.
The limits of stock research.
Hussman’s latest
Have central banker’s caused low productivity growth?
Why do people reject facts?
Why are living costs so high?
Don’t waste time!

What we are reading on 3/3/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Warren Buffett wins the bet!
Next stage thinking about momentum?
February TAA performance
Passive is squeezing the business of active management.
Small investors are getting bullish.
Retail and mall owners face significant challenges.
What would you pay for stocks if you could never sell, but could spend the dividends?
Retire earlier by not truly retiring?
Can Trump’s speech be turned into policy?
A book review on the geopolitical implications of shale oil.

What we are reading on 2/28/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Maybe you should just not do certain things.
Easy fasting?
More than I really wanted to know: Phlegm
New insights into the structure of the brain.
Pump iron to delay dementia!
Spinning – the new fitness thing?
An interesting take on the Intelligent Investor
Belief before evidence?
Q&A on the backdoor Roth IRA strategy.
Neural networks are making inroads into credit scores.

What we are reading on 2/24/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Another dual momentum study
Time to cut back on social media.
About Charlie Munger …
Strategies for a low volatility market.
Mortgage debt has risen a lot.
A lot of people have difficulty saving.
Is there an investment opportunity in the age of shortened attention spans?
A close look at the decline in home ownership.
Small investors may have an advantage, if they can use it.
Hussman’s latest
Factor Zoo Or Unicorn Ranch
Should you ignore your portfolio?
Negotiation strategies.
This could be an interesting year for France.