Abnormal Returns

JUNE 15, 2023

Strategy Five common portfolio mistakes including 'portfolio sprawl.' msn.com) Fund management How restrictions on the use of ESG data in investing can backfire. etf.com) Economy The change in weekly initial unemployment claims are are nearing recessionary levels. morningstar.com) What do sell-side analysts actually do?

Financial Advising 199

Financial Advising Startup Valuation Economy 199

Abnormal Returns

SEPTEMBER 3, 2023

Strategy The math on the 60/40 portfolio looks a lot different than it did a year ago. washingtonpost.com) Economy The U.S. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? arstechnica.com) Schools that invested in Chromebooks are regretting the decision.

Math 239

Math Financial Advising Advertising Distribution 239

Abnormal Returns

DECEMBER 3, 2023

wsj.com) Strategy Remember all that talk about how the 60/40 portfolio was broken? newyorker.com) Venture capital More VC funds are running out time while still holding investments. 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 213

Asset Allocation Financial Advising Startup Economy 213

Abnormal Returns

JANUARY 21, 2024

disciplinefunds.com) Crypto A little Bitcoin in your portfolio goes a long way. thinkadvisor.com) Fixed income Investment grade issuance is at a record pace in January. nytimes.com) Rogé Karma, "Even as the pandemic has released its grip on our economy and civil society, it has yet to fully work its way through our politics."

Financial Advising 179

Financial Advising Economy Manufacturing Media 179

Abnormal Returns

AUGUST 22, 2023

ft.com) It's hard to find much that is going well for the Chinese economy. wsj.com) Earlier on Abnormal Returns Research links: investment time horizons. abnormalreturns.com) Adviser links: reducing portfolio volatility. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 217

Financial Advising Valuation Retail Media 217

Abnormal Returns

AUGUST 9, 2023

Strategy Every investment strategy has multiple 'points of failure.' axios.com) Venture capital Why more markdowns are coming to venture capital portfolio valuations. news.crunchbase.com) China China's economy is now experiencing deflation. economist.com) Economy A re-accelerating economy risks higher base inflation.

Financial Advising 179

Financial Advising Economy Valuation Consulting 179

Abnormal Returns

JULY 23, 2023

Markets Sam Ro, "I think we sometimes take for granted how much the frictions and costs have come down for those seeking to trade or invest in stocks." And when cash is yielding a high real return I think you can argue that cash is the ultimate portfolio insurance." tker.co) Has sentiment already peaked?

Financial Advising 228

Financial Advising Insurance Economy Retail 228

Abnormal Returns

SEPTEMBER 26, 2023

integratinginvestor.com) Will music royalties turn out to be a worthy investment? morningstar.com) Achieving these three portfolio goals simultaneously is tough. bonddad.blogspot.com) Economy Economic anxiety isn't going anywhere. abnormalreturns.com) Adviser links: building your bench.

Asset Allocation 256

Asset Allocation Financial Advising Assets Media 256

Abnormal Returns

FEBRUARY 14, 2024

riaintel.com) Do you really need a separate allocation to real estate in your portfolio? variety.com) Economy Inflation has stopped going down. disciplinefunds.com) Higher car insurance is not helping inflation. (abnormalreturns.com) There is no holy grail in investing. theverge.com) Streaming has not killed off movie piracy.

Economics 153

Economics Financial Advising Insurance Media 153

Abnormal Returns

JUNE 14, 2023

Strategy When it comes to investing, more activity doesn't guarantee better results. awealthofcommonsense.com) Focus on the role bonds play in your portfolio. slate.com) How Big League Advantage invests in future stars. spilledcoffee.substack.com) Economy PPI confirms whats happening with CPI.

Financial Advising 199

Financial Advising Insurance Media Economy 199

Abnormal Returns

MAY 7, 2023

humbledollar.com) Concentrated portfolios come with a lot of psychological stress. awealthofcommonsense.com) Good luck trying to identify skilled investment managers with any certainty. nytimes.com) Policy How higher minimum wages make for a better economy. economy actually does fall into recession later this year."

Financial Advising 187

Financial Advising Economy Banking Media 187

Abnormal Returns

APRIL 19, 2023

Strategy Five real investing lessons from Warren Buffett's career. realreturns.blog) The 60/40 portfolio never went away. barrons.com) Economy The price of one-year CDS on US Treasuries have spiked due to debt limit drama. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 189

Financial Advising Startup Banking Media 189

Abnormal Returns

AUGUST 1, 2023

herbgreenberg.substack.com) Strategy 90 notable investment quotes including “In bear markets, stocks return to their rightful owners.” 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."

Financial Advising 216

Financial Advising Retail Media Economy 216

Abnormal Returns

MARCH 17, 2023

mattstoller.substack.com) Fund management Tiger Global wrote down the value of its venture portfolio by 33% in 2022. institutionalinvestor.com) Economy Has the banking crisis increased the odds of a recession? abnormalreturns.com) Don’t waste your emotional capital investing out of spite.

Financial Advising 212

Financial Advising Startup Banking Manufacturing 212

Abnormal Returns

MARCH 14, 2023

Strategy What investing lessons can we cull from the downfall of SVB? theirrelevantinvestor.com) A lot of banks have big unrealized underwater bond portfolios. ft.com) Social media will change any future financial crisis. news.crunchbase.com) Y Combinator is getting out of the business of late state investing.

Startup 200

Startup Financial Guidance Financial Advising Media 200

Abnormal Returns

MAY 1, 2023

nytimes.com) ETFs Model portfolio shifts can have a big effect on ETF flows. etftrends.com) Economy Is the U.S. economist.com) Earlier on Abnormal Returns Adviser links: starting small. abnormalreturns.com) A list of the best investing blogs of 2023. (cnbc.com) The banking industry's 'crisis phase' may be over for now.

Financial Advising 200

Financial Advising Startup Banking Manufacturing 200

Abnormal Returns

APRIL 20, 2023

60/40 portfolio What is the motivation of people telling you the 60/40 portfolio doesn't work? disciplinefunds.com) Strategy Don't use inflation as an excuse not to invest. disciplinefunds.com) Strategy Don't use inflation as an excuse not to invest. theinformation.com) Finance Direct investing seems easy.

Financial Advising 212

Financial Advising Startup Media Portfolio 212

Abnormal Returns

JUNE 18, 2023

humbledollar.com) Can you make your portfolio too simple? msn.com) EV investment is flooding into battleground states like Georgia, Michigan, Arizona, Nevada and North Carolina. papers.ssrn.com) Economy The world is the most equal it has been in a century. (rationalwalk.com) On the danger of getting addicted to 'dry powder.'

Financial Advising 231

Financial Advising Media Government Taxes 231

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 200

Financial Advising Startup Economy Media 200

Abnormal Returns

MAY 11, 2023

morningstar.com) If you invest in stocks there are going to be extended periods of poor performance. 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. Markets What's the best asset to hold during a recession?

Financial Advising 200

Financial Advising Media Economy Portfolio 200

Abnormal Returns

APRIL 2, 2023

Strategy Your investment strategy needs to work in all markets. awealthofcommonsense.com) How to dole out risk in your portfolio. nytimes.com) Regional banks are a linchpin for the economy. bloomberg.com) Economy Why we should be celebrating the current employment situation. Then check out our weekly e-mail newsletter.

Financial Advising 183

Financial Advising Banking Economy Insurance 183

Abnormal Returns

JANUARY 27, 2023

Strategy The investment landscape has completely transformed in the past century. awealthofcommonsense.com) 2022 shows that every portfolio strategy comes under pressure. thebasispoint.com) Housing The Fed's policies are hitting the economy primarily through the housing channel. Then check out our weekly e-mail newsletter.

Financial Advising 204

Financial Advising Distribution Valuation Media 204

Abnormal Returns

JANUARY 3, 2023

capitalspectator.com) 2022 was the third worst year for the 60/40 portfolio. investment in semiconductor manufacturing can only do so much. ft.com) Fund management The University of California system is investing $4 billion into the Blackstone ($BLK) Real Estate Income Trust. axios.com) U.S. in 2022 vs. 2021.

Startup 190

Startup Valuation Financial Advising Distribution 190

Abnormal Returns

DECEMBER 1, 2022

(on.ft.com) Private equity has been slow to mark down portfolio values. economist.com) Carbon offsets Timberland manager, Manulife Investment Management, is getting into the forest-offset market. theconversation.com) Global Is China's stock market still even investable? ft.com) Economy The October PCE showed slowing inflation.

Financial Advising 130

Financial Advising Economy Manufacturing Media 130

Abnormal Returns

MAY 12, 2023

awealthofcommonsense.com) Don't let investment regret derail your entire portfolio. theathletic.com) Economy There is one big difference between PPI and CPI. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? (fa-mag.com) How AI hype has affected the stock market, YTD.

Financial Advising 155

Financial Advising Banking Food Retail 155

Abnormal Returns

JULY 29, 2022

Strategy John Rekenthaler, "Avoid portfolio managers who claim to know how “this time will be different.” morningstar.com) Ben Carlson, "Investing would be easier if markets followed a set pattern but that’s not how things work. news.crunchbase.com) Economy The economy isn't in recession, but it is definitely slowing.

Startup 130

Startup Financial Advising Portfolio Management Economy 130

Abnormal Returns

SEPTEMBER 30, 2022

(ritholtz.com) Mitigating risk in your portfolio always comes with a trade-off. ft.com) Finance A profile of startup investment research provider Tegus. ft.com) Economy Weekly initial unemployment claims continue to trend lower. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 130

Financial Advising Startup Media Economy 130

Abnormal Returns

JANUARY 18, 2023

allstarcharts.com) Why 2022 was an unusually bad year for the 60/40 portfolio. angellist.com) Economic uncertainty is not slow the pace of investment at Brookfield Infrastructure Partners ($BIP). institutionalinvestor.com) Economy Retail sales fell 1.1% wsj.com) PE firms are still having problems keeping junior analysts.

Financial Advising 130

Financial Advising Startup Wealth Management Valuation 130

Abnormal Returns

NOVEMBER 30, 2022

awealthofcommonsense.com) On the death of the 60/40 portfolio. peterlazaroff.com) Rising interest rates have completely changed the investment landscape. blog.etfthinktank.com) Economy The October JOLTS report shows continued slowing. abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?

Financial Advising 130

Financial Advising Startup Media Economy 130

Abnormal Returns

OCTOBER 14, 2022

theirrelevantinvestor.com) Expectations for the 60/40 portfolio have been reset this year. pionline.com) Infrastructure investments have been a buffer for pension funds this year. npr.org) Economy Retail sales are pointing to weaker growth. (axios.com) The biggest risk to the market right now is central bank policy error.

Marketing 130

Marketing Marketing Financial Advising Retail 130

Abnormal Returns

FEBRUARY 2, 2023

Markets The expected return to a 60/40 portfolio strategy rose throughout 2022. ft.com) Strategy Some questions to ask when an investment seems too good to be true. semafor.com) Ariel Investments has launched its first private equity fund the Project Black LP. morningstar.com) European stocks have been underperforming the U.S.

Financial Advising 130

Financial Advising Media Retirement Economy 130

Abnormal Returns

SEPTEMBER 22, 2022

visualcapitalist.com) Strategy The hardest part of investing is holding through tough times. wsj.com) Fund management What are the most owned private companies in mutual fund portfolios? finance.yahoo.com) Economy Auto loan delinquencies are on the rise. blog.validea.com) Visualizing U.S. interest rates since 2020.

Financial Advising 130

Financial Advising Media Valuation Assets 130

Abnormal Returns

JULY 12, 2022

wsj.com) Stock-bond correlation worked against the 60/40 portfolio this year. blogs.cfainstitute.org) Multicoin Capital is now investing out of its third fund. 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

Brown Advisory

JANUARY 1, 2023

Global Leaders Strategy Annual Investment Review: January 2023 mhannan Sun, 01/01/2023 - 06:10 Just want the PDF? Our investment philosophy has not changed over time but as our investors know we always challenge what we do and believe there is room to continually improve our process and develop as investors.

Investing 52

Investing Investments Valuation Clients 52

Brown Advisory

SEPTEMBER 6, 2022

Global Leaders Investment Letter: August 2022 mhannan Tue, 09/06/2022 - 10:48 Just want the PDF? Capital cycles appear when product shortages and subsequent high prices and rising return on invested capital (RoIC) are met by capital flowing into an industry to satiate the new demand. The key to this is analysis of the supply-side.

Investing 52

Investing Investments Insurance Ethics 52

Abnormal Returns

MARCH 30, 2023

tker.co) How portfolio complexity is too much? theinformation.com) Big Tech is pulling back on metaverse investments. dariusforoux.com) 11 lessons learned from writing an investment newsletter for three years including 'Realise that nobody cares about you.' Strategy The S&P is not a static index.

Financial Advising 29

Financial Advising Media Banking Economy 29

Abnormal Returns

FEBRUARY 9, 2024

ft.com) A review of "The Four Pillars of Investing, Second Edition: Lessons for Building a Winning Portfolio" by William J. blogs.cfainstitute.org) The bigger the portfolio, the more consequential a spreadsheet error. anderson-review.ucla.edu) An investment fund that only invests in whiskey barrels.

Financial Advising 246

Financial Advising Media Valuation Economy 246