Michael Lewis’ Portrait of Two Men Who Changed the World
Lewis’ book on Amos Tversky and Daniel Kahneman is an introduction to behavioral economics thinly disguised as a biography of its two protagonists.
Don't Lower Corporate Taxes. Abolish Them.
Business-friendly governments in the U.S. and the U.K. should eliminate corporate levies and just tax personal income and consumption.
ETF Tactical Trades for 2017: EM, Rates, Biotech and More
Expectations of administration policies and other market shifts present potential openings for bulls and bears alike as we head into the New Year.
Beware of Data Mining: Market Lessons From the Election
If a gold mine is a hole with a liar standing on top, a successful data miner is a quant with data lying to himself.
3 Topics for Year-End Client Talks — Searching for Alpha for December 2016
With the Fed expected to raise rates, you may want to speak to clients on the makeup of their portfolios.
Index Funds, Quants and Hedging: John Bogle Speaks
Bogle discussed some of the more abstruse critiques of index investing with Bloomberg.
Decay and Investing: When Time Keeps On Slippin’ Into the Future
A good understanding of the concept of “decay” is instrumental in managing certain investments (with apologies to Steve Miller and a nod to “Trading Places”).
Welcome to Silly Season, aka Market Prediction Time
Taking a consistent, disciplined approach to investing will benefit you and your clients much more than following the “top picks” of the market prognosticators.
For Cuba’s Economy After Castro, a Glum Forecast
At a glance, the case for Cuba’s optimism is obvious, but the core problems of the region will also hamper its growth, writes Tyler Cowen.
Last Best Chance for Fixing Roads and Refinancing Debt
I suggest that the U.S. issue bonds that mature in 50 or 100 years, and given Washington gridlock, something positive may result.