Abnormal Returns

JUNE 26, 2023

Strategy Do alternatives belong in your portfolio? slate.com) Economy The Misery Index is falling rapidly. nytimes.com) Earlier on Abnormal Returns Adviser links: a decent place. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter.

Financial Advising 197

Financial Advising Media Economy Economics 197

Abnormal Returns

FEBRUARY 1, 2024

January 2024 How major asset classes performed in January 2024. collabfund.com) Four steps to build a no-fuss portfolio including eliminating redundant accounts. thinkadvisor.com) Economy The ISM manufacturing index seems to have bottomed. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 244

Financial Advising Taxes Manufacturing Media 244

Abnormal Returns

DECEMBER 3, 2023

wsj.com) Strategy Remember all that talk about how the 60/40 portfolio was broken? awealthofcommonsense.com) There are a lot of different asset allocations you can live with. axios.com) Economy Josh Brown, "The economy ought to be able to heal itself for the most part. Then check out our weekly e-mail newsletter.

Asset Allocation 208

Asset Allocation Financial Advising Startup Economy 208

Abnormal Returns

MAY 1, 2023

Markets How major asset classes performed in April 2023. ft.com) The amount of bank failures, measured by assets, rivals that of 2008. nytimes.com) ETFs Model portfolio shifts can have a big effect on ETF flows. etftrends.com) Economy Is the U.S. twitter.com) Crypto Gary Gensler's SEC has been busy.

Financial Advising 198

Financial Advising Startup Banking Manufacturing 198

Abnormal Returns

AUGUST 3, 2023

etf.com) Portfolio managers won't outperform if they get it wrong about the biggest seven stocks. wggtb.substack.com) Finance The Apple ($AAPL) Card savings account now has more than $10 billion in assets. economy didn't go into recession this year. epsilontheory.com) Economy Heavy truck sales are at a record high in the U.S.

Financial Advising 198

Financial Advising Portfolio Management Economy Media 198

Abnormal Returns

AUGUST 1, 2023

July 2023 How major asset classes performed in July 2023. ofdollarsanddata.com) What you leave out of your portfolio can be as important as what you put in. wsj.com) Economy "The Fed is no longer behind the curve." abnormalreturns.com) Adviser links: optimizing the wrong thing. capitalspectator.com) The U.S.

Financial Advising 214

Financial Advising Retail Media Economy 214

Abnormal Returns

JANUARY 11, 2023

Markets How does the 60/40 portfolio perform after big down years? economist.com) Alameda Research made a big investment in miner Genesis Digital Assets soon before the FTX unwind. cnn.com) Economy Some additional signs that the economy is rolling over. awealthofcommonsense.com) GMO loves deep value stocks.

Financial Advising 198

Financial Advising Startup Economy Media 198

Abnormal Returns

MARCH 13, 2023

ritholtz.com) The reversal in interest rates could relieve some pressure on bank portfolios. mailchi.mp) Why more assets are going to flow to systemically important banks. ft.com) Economy In a country as big as the U.S., local economies matter. marginalrevolution.com) Why Signature Bank went under.

Financial Guidance 130

Financial Guidance Financial Advising Startup Banking 130

Abnormal Returns

MARCH 14, 2023

(portfoliocharts.com) Safe assets aren't safe if there is a duration mismatch. theirrelevantinvestor.com) A lot of banks have big unrealized underwater bond portfolios. ft.com) Social media will change any future financial crisis. engadget.com) Economy February CPI showed 6.0% nytimes.com) What's new in GPT-4.

Startup 198

Startup Financial Guidance Financial Advising Media 198

Abnormal Returns

MAY 11, 2023

Markets What's the best asset to hold during a recession? ft.com) Softbank continues to mark down its Vision Fund portfolio. foreignaffairs.com) Economy Disinflation is in place, but it doesn't give the Fed room to cut rates. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 198

Financial Advising Media Economy Portfolio 198

Abnormal Returns

JANUARY 3, 2023

Markets How major asset classes performed in December 2022. capitalspectator.com) 2022 was the third worst year for the 60/40 portfolio. nytimes.com) The UK has 'deconverged' from the rest of the global economy. nytimes.com) Economy Where various measures of the jobs market stand. etf.com) Global U.S.

Startup 188

Startup Valuation Financial Advising Distribution 188

Abnormal Returns

FEBRUARY 16, 2023

howardlindzon.com) Private assets Why private equity needs much better valuations. ft.com) Why where investors mark the portfolios can be all over the place. bloomberg.com) Economy What does a 'no landing' economic scenario look like? abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 144

Financial Advising Engineering Valuation Retail 144

Abnormal Returns

DECEMBER 1, 2022

Markets How major asset classes performed in November 2022. on.ft.com) Private equity has been slow to mark down portfolio values. wsj.com) It's hard to argue that Brexit has been a net-positive for the UK economy. ft.com) Economy The October PCE showed slowing inflation. Then check out our weekly e-mail newsletter.

Financial Advising 130

Financial Advising Economy Manufacturing Media 130

Abnormal Returns

SEPTEMBER 22, 2022

wsj.com) Fund management What are the most owned private companies in mutual fund portfolios? morningstar.com) Breaking down which assets are still ripe for active management. citywireusa.com) Women are still not making much headway in the asset management business. Think Elon Musk. Then check out our weekly e-mail newsletter.

Financial Advising 130

Financial Advising Media Valuation Assets 130

Abnormal Returns

OCTOBER 14, 2022

theirrelevantinvestor.com) Expectations for the 60/40 portfolio have been reset this year. bnnbloomberg.ca) Jeff Benjamin, "Schwab Asset Management is launching a pilot program that enables fund investors to have a say in the direction of the proxy voting process." npr.org) Economy Retail sales are pointing to weaker growth.

Marketing 130

Marketing Marketing Financial Advising Retail 130

Abnormal Returns

JULY 12, 2022

wsj.com) Stock-bond correlation worked against the 60/40 portfolio this year. caia.org) Every major asset class yields more than it did at the beginning of 2022. fastcompany.com) Economy How to model an economic recession in real-time. abnormalreturns.com) Adviser links: a story as old as time.

Financial Advising 130

Financial Advising Media Economy Economics 130

Abnormal Returns

FEBRUARY 20, 2024

downtownjoshbrown.com) Don't let any single asset distract you from your overall portfolio. wsj.com) Economy State coincident indicators are not great. abnormalreturns.com) Adviser links: helping clients feel secure. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

License 144

License Financial Advising Media Economy 144

Brown Advisory

JANUARY 1, 2023

In the author’s view, most asset bubbles and subsequent financial crises are caused by interest rates rising after having previously been set too low. There are many disturbing parallels in today’s global economy. It is a “scale economies shared” business model where customers, the company and shareholders can all win.

Investing 52

Investing Investments Valuation Clients 52

Brown Advisory

SEPTEMBER 6, 2022

The Elephant in the Portfolio The global semiconductor industry is a poster child for the capital cycle and we have meaningful investments here. The RoIC has been above 20% for every year of the past two decades except once at the depths of the global financial crisis in 2009.

Investing 52

Investing Investments Insurance Ethics 52

Abnormal Returns

MARCH 16, 2023

Markets Bonds are once again a risk-off asset. ft.com) Japan bank portfolios are full of long dated bonds. nytimes.com) Economy Still no sign of a turn in weekly initial unemployment claims. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Government 130

Government Media Financial Advising Banking 130

Aleph

JANUARY 14, 2023

Picture Credit: David Merkel, with an assist from the YouImagine AI image generator || Boldly flying in front of a stained glass window Portfolio Management Sick of the ups and downs of the markets? There is an alphabet soup of financial-adviser credentials [link] Credentialing is overdone. Jan 10, 2023 CFP?

Math 59

Math Assets Government Engineering 59

Abnormal Returns

SEPTEMBER 27, 2023

Strategy How many assets do you really need in your portfolio? wsj.com) Real estate Atlanta's economy is booming, but office buildings are still struggling. calculatedriskblog.com) Economy Industrial production doesn't look great. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 245

Financial Advising Economy Insurance Media 245

The Big Picture

NOVEMBER 15, 2022

The academic side of how to build a portfolio, we can argue about the details, right? You can go get some turnkey asset management program. As an advisor, you could get somebody’s model portfolio, or you could hire some, you know, three CFAs and do it yourself. The advice part of being a financial adviser is the hard part.

Management 268

Management Assets Portfolio Investing 268