When Michael Lewis left finance to become a writer, his first book, Liar's Poker, had the opposite effect he intended.
Populism, income inequality and trade wars don’t make it to the top of Robert Shiller's list of his biggest fears. That spot is reserved for the possibility of a nuclear arms race.
While many predict the non-consensus outperformers each year, few succeed. Among those who tried in 2018 was Mark Yusko. Would investors that heeded his advice last year have seen higher returns?
Joe Duran is the CEO and a founding partner of United Capital, one of the largest independent wealth management firms in the country, and the nation's first and largest financial life management company. In this interview, he discusses how he is opening up his technology for other advisors to use and his vision of the long-term future for his firm.
Anders Jones is CEO and co-founder of Facet Wealth, a next-generation financial services firm reinventing financial life management for the mass affluent. In this interview, he discusses how his firm partners with advisors to help them provide financial planning and investment advice for their smaller clients.
Does ESG/SRI investing lead to higher, lower or about-the-same risk-adjusted returns? Abundant academic literature on the topic has emerged in the last eight years, but there’s still no consensus about whether responsible investing is a good bet for your clients.
Add Federal Reserve Chairman Jerome Powell to the roster of deficit hawks. In a widely followed speech, he claimed that the country’s fiscal path is “unsustainable.” But Powell still believes the Fed’s monetary policy is working, and that low inflation and unemployment will continue.
Robert Gordon dismissed concerns that the stock market is in a bubble and further predicted that the unemployment rate will drop to below 3%.
In his 11 days as Trump’s communications chief, Anthony Scaramucci’s wife (9-months pregnant) filed for divorce, he got caught on tape dissing half of D.C. and he was summarily fired by the president. What did the former hedge fund manager learn from his experience?
On the tenth anniversary of the financial crisis, Nobel Laureate Robert Shiller and Wharton’s Jeremy Siegel debated the question on every investor’s mind – is the market overpriced? According to Shiller, if the market’s reaction to Trump’s presidency and low-interest rates are just short-term fluctuations, then valuations are indeed precariously high.
How did Billy Beane come up with “moneyball” approach to evaluating baseball players? Though Brad Pitt’s depiction of him in the film Moneyball suggests he was an overconfident maniac, it was Beane’s failed career as a baseball player that led him to transform the way teams construct their rosters.
When advisors are choosing technology for their business, there is one thing they must consider. It is critical that advisors understand how their client data is managed, according to Orion’s Eric Clarke.
We will completely de-carbonize our economy this century, and it will be the biggest economic event since the Industrial Revolution, according to Jeremy Grantham. But we face a painful path to that end, including more frequent natural disasters and disruption of our food supplies.
When tasked with creating content to win the world’s biggest popularity contest, Amazon dropped the company’s usual data-driven approach. Here’s the story of how Jeff Bezos partnered with celebrities like Gordon Ramsay to create viral Super Bowl content, and how it can help you engage your clients.
Can the discipline required to invest in distressed assets be applied to purchasing the ultimate trophy asset – a professional sports franchise? Marc Lasry and Jamie Dinan found that it can, but only to a point, when they bought the NBA’s worst team.
It has been 15 years since sabermetrics was popularized by Michael Lewis’ bestseller Moneyball. Today all teams in the league use it, but only Jeff Luhnow was able to turn a failing franchise into World Series Champions by going all-in on sabermetrics. What did he do differently?
Even the most avid baseball fan may not realize that A-Rod, who was one of the highest paid players in MLB history, says that committing to a financial plan from the onset enabled him to successfully make it from rags to riches.
Alex Rodriguez has been establishing himself as a leader off the field, and has successfully launched ventures in business and investment management. How did he do it?
As his 60-year tenure attests, Dan Fuss is one of the most respected bond investors. In my interview with Fuss last week, he explained why it would take either a geopolitical crisis or an economic collapse to drive rates lower. Fuss also said investors should exercise caution in bond ETF markets that are exposed to liquidity shocks.
This is the second in a multi-part series where we examine pundits' opinions and predictions on the latest topics.
Endowments and foundations routinely allocate capital to a diverse portfolio of alternative investments, including hedge funds, private equity and venture capital. But most struggle to beat a passive index. That reality – the futility of the strategy pursued by many supposedly sophisticated investors – was painfully illustrated by the “Buffett bet.”
In preparing for her 2000 visit to North Korea, Madeleine Albright was told that Kim Jong-il was an avid basketball fan. “I am totally responsible for Dennis Rodman,” she said.
We decided to remove this article, particularly in light of the tragic event in New York City this morning. We were reporting on a talk given by John Brennan, a former CIA director. But, in retrospect, we believe it is inappropriate to take lessons from organizations like Al Qaeda and ISIS. We apologize for publishing this article.
The U.S. is no longer fit to lead in global governance and that is driving a change in the world order. As a result, the coming decade will be vastly more unstable, according to Ian Bremmer.
Only a highly confident investor would bet against Warren Buffett. But Ted Seides had the humility to admit that his loss of a $1 million wager is all but certain. Unlike what most believe, though, he said the high fees charged by his hedge funds were not to blame.
The conventional wisdom is that Millennials are a generation with unique needs and buying habits, but Neil Howe says that they are very similar to the Greatest Generation. Howe, who coined the term “Millennial,” says that both generations are highly risk-averse, a characteristic brought on by their shared parenting environment.
Dan Fuss has established himself as one of the most respected bond investors in the industry over his 60-year tenure. In a talk last week, Fuss warned investors of geopolitical uncertainty and higher rates in credit markets.
The top conversations on APViewpoint last week were started by Ken Steiner, Stephanie Bogan and Eric Weigel. They generated thoughtful discussion with wide ranging opinions on: the only withdrawal plan you will ever need; three secrets to limitless leadership; and outsourcing investment management.
The top conversations on APViewpoint last week were started by Larry Swedroe, Adam Butler and Bob Veres. They generated thoughtful discussion with wide ranging opinions on: factor-based approaches to investing; factor investing research methodologies; and a new tool to visualize retirement planning.
The top conversations on APViewpoint last week were started by thought leaders Joe Tomlinson, Larry Swedroe and Dan Solin. They generated thoughtful discussion with wide ranging opinions on: how variable withdrawals improve retirement outcomes; whether high-dividend strategies add value; and the future of the advisory business.
The top conversations on APViewpoint last week were started by Wade Pfau, Theodore Wong and Nick Niziolek. They generated thoughtful discussion with wide ranging opinions on: how to use reverse mortgages to secure your retirement; methods used to detect secular cycles in the equity markets; and opportunities in emerging markets.
The top conversations on APViewpoint last week were started by Wade Pfau and Richard Michaud. They generated thoughtful discussion with wide ranging opinions on how to use reverse mortgages to secure your retirement and how policymakers are affecting the U.S. economic environment.
The top conversations on APViewpoint last week were started by Dan Solin, Michael Falk and Rick Bensignor. They generated thoughtful discussion with wide ranging opinions on: how to confront HNW prospects who choose robos; problems with the American healthcare system; and behavioral finance.