A recent article by Cliff Asness and colleagues from AQR Capital Management challenges the academic finance recommendation to avoid attempts to time the market. “Sinning a little,” Asness and colleagues suggest, can boost returns. 120 more words
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OR … Boring is Good!
By Rick Kahler MS CFP® http://www.KahlerFinancial.com
“We are in both a depressing and boring investment environment.”
That not-so-cheery statement came from Cliff Asness, Ph.D., managing and founding principal of AQR Capital Management, LLC, in a recent address to investment advisors gathered at the University of Chicago’s Gleacher Center. 767 more words
There’s a provocative post by finance professor, Noah Smith on BloombergView today regarding the rise of the robo-trading money managers (Wealthfront, Betterment et al). Mr. Smith doesn’t take sides but points out the industry is clearly moving away from active money management and toward passive, algorithmic keepers of our investment and retirement dollars. 658 more words
One of Wall Street’s most successful hedge fund managers is once again wading into the climate change debate. His conclusion: It’s not as big of a problem as some suggest. 873 more words