Author: Colby Davis
Negative Interest Rates: Not that Mysterious
Not that long ago, most economists would have probably argued that it’s impossible for a bond or other interest-paying asset to sell at a negative...
Read More
The World’s Money is Being Managed by People with Completely Unrealistic Expectations
State Street recently published a survey of the return expectations and strategies being used by institutional investors around the world (h/t Flirting with Models). The...
Read More
Postmodern Finance Part 6: Don’t Bet Your Life On It
In this series, I have been arguing that differences between investors – such as the differences in their willingness to use leverage, their susceptibility to...
Read More
Does the Stock Market Take a Summer Break?
This week, I’m going to be taking a little summer vacation and go camping. As a result, our trading activity over the next several days...
Read More
Do Index Funds Make it Easier to Beat the Market?
I want to take a break from my Postmodern Finance series to talk about a different series of posts I came across recently on the...
Read More
Postmodern Finance Part 5: Render unto Caesar
Okay, here’s an easy one, which would you have rather owned, Asset A or Asset B? Asset A, in this case, is the SPDR REIT...
Read More
Postmodern Finance Part 4: Fools and their Money
In my last post I described how the link between risk and return has not been as strong as Modern Portfolio Theory (MPT) would predict,...
Read More
Postmodern Finance Part 3 – The Missing Lever
This is part three in my series on our current state of knowledge in wealth management, how we got here, and what we can do...
Read More
Postmodern Finance Part 2 – The Index Fund Revolution
This is part two in my series on our current state of knowledge in wealth management, how we got here, and what we can do...
Read More
Postmodern Finance Part 1 – Wall Street: A History of Thought and Thoughtlessness
This is going to be the first in a multi-part series on what I see as the current state of the investment management business, how...
Read More
