Markets

ANDREW LO: Don’t Waste Your Time Picking Stocks

[credit provider=”PBS Newshour” url=”http://www.youtube.com/watch?v=PepNnCM7R4E”] Legendary MIT finance professor and recognised world-influencer Andrew Lo is warning we should all stop picking stocks.In an interview on Consuelo Mack’s “Wealth Track” (via ValueWalk), Lo says market volatility has become so extreme that investors must spend far more of their energy focused on managing […]
ANDREW LO: Don’t Waste Your Time Picking Stocks
Strategy

Professionals Today Have A Dangerously Poor Understanding Of Statistics

[credit provider=”Nicu Buculei on Flickr” url=”http://www.flickr.com/photos/nicubunuphotos/5262645427/”] German psychologist Gerd Gigerenzer pinpointed one of the most pressing issues of our time in an essay for a new book, This Will Make You Smarter, called “Risk literacy.”Literacy was the bellweather for advanced societies in the twentieth century, and now today, he argues, […]
Professionals Today Have A Dangerously Poor Understanding Of Statistics
Strategy

How The Dating Lives Of CEOs Affect Their Company’s Bottom Line

[credit provider=”sean dreilinger via flickr ” url=”http://www.flickr.com/photos/seandreilinger/2109822571/”] Single executives take bigger risks than married ones, and this has major implications for companies across America.In a report by the National Bureau of Economic Research, Status, Marriage and Managers’ Attitudes Towards Risk, authors Nikolai Roussanov and Pavel G. savour looked at CEOs […]
How The Dating Lives Of CEOs Affect Their Company’s Bottom Line
Markets

There May Be A Simple Explanation For The Weird Rally In Stocks

[credit provider=”Bloomberg” url=”http://www.washingtonpost.com/business/belski-says-oppenheimer-sees-sandp-at-1475-by-end-of-2012/2011/09/08/gIQAD9D7BK_video.html”] Lately, there’s been an interesting trend developing in the markets:  Treasury yields have been falling, while stock prices have moved sideways or up.In other words, the prices of risky assets have held up, while the prices of risk-free assets haven’t seen an offsetting sell-off.
There May Be A Simple Explanation For The Weird Rally In Stocks
News

The German Dilemma

[credit provider=”Ibrahim lujaz on Flickr” url=”http://www.flickr.com/photos/notsogoodphotography/2713087843/lightbox/#/photos/notsogoodphotography/2713087843/”] John Hussman, as usual, has a great discussion of the reasons the European crisis has turned out to be so intractable.As we have suggested repeatedly, there are no good outcomes here.
The German Dilemma