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Cash is (almost) King!

Cash is back in style. Money-market funds saw their assets grow by $2 billion in between year-end and January 17, 2019 according to...

Feb 7, 20193 min read

The sharp market sell-off at the end of 2018 and equally remarkable rebound in January 2019 may be very confusing. Are we heading towards...

Jan 31, 20191 min read

During the past two months, financial markets underwent one of their inevitable, periodic selloffs. From the October 3 peak to the...

Dec 6, 20183 min read

"Best ideas", R. Cohen, C. Polk, B. Silli, 2010
"How active is your fund manager? A new measure that predicts performance", M. Cremers, A. Petajisto, 2009
"The inefficient stock market", R. Haugen, 2002
"The triumph of the optimists", E. Dimson, P. Marsh, M. Staunton, 2002
"From efficient market theory to behavioral finance", R. Shiller, 2003