Monte Carlo Simulations: Forecasting Folly?
Introduction The Shanghai Stock Exchange Composite Index (SSE) was booming in early…
Do-It-Yourself High-Dividend Strategies | CFA Institute Enterprising Investor
Introduction What do business development companies (BDCs) and covered call and preferred…
The Trouble with Forecasting Home Prices
Introduction Mortgage rates have doubled and tripled in some countries since 2021.…
When Hindsight Becomes Foresight: Replicating Investment Performance
Introduction We have analyzed dozens of public and private market investment strategies,…
Myth-Busting: The Economy Drives the Stock Market
Introduction Switch on Bloomberg TV or CNBC at any time of the…
Shorting Lousy Stocks = Lousy Returns?
Introduction Playing the stock market should be easy: When the economy is…
Equity and Bond Correlations: Higher Than Assumed?
Introduction Investing can seem like an endless cycle of booms and busts.…
Myth-Busting: Alts’ Uncorrelated Returns Diversify Portfolios
Introduction Alternative investments accounted for $13 trillion in assets under management (AUM)…
Sector and Factor Performance in Wartime
Introduction Before 2020, the threat of a global pandemic shutting down the…
Outperformance Ain’t Alpha | CFA Institute Enterprising Investor
Introduction Around 90% of US drivers rate themselves as safer and more…
