Yearly Archives: 2013

The Most Important Characteristic of Loss Avoidance Strategies – Up-Capture

Originally posted on October 30th, 2013
It’s not a small matter. Strong return years make outsized contributions to the overall above-inflation returns realized by equities. It is also hugely important behaviorally for investors. Continue reading

Posted in Market Analysis | Comments Off

Investors Vulnerable to Fixed Income Behavioral Biases

Investors continue to view fixed income as the default “risk-off” slice of investors’ portfolios, even as they are faced with two distinct challenges: Yields are dismal and risks are high. Part of the problem is that solutions to the fixed … Continue reading

Posted in Market Analysis | Comments Off

Markets Finish the Year Higher in the Face of Uncertainties

“Sometimes, what matters is not so much how low the odds are that circumstances would turn negative, what matters more is what the consequences would be if that happens.” Jean Marie Eveillard Markets Finish the Year Higher in the Face … Continue reading

Posted in Market Analysis | Comments Off